Data: Cumberland minted 140 million USDT in the past 24 hours and transferred it to CEX
According to ChainCatcher news, according to Scopescan monitoring, in the past 24 hours, market maker Cumberland minted 140 million USDT and deposited them to Kraken, Coinbase and OKX respectively. Notably, Cumberland has deposited a cumulative $514 million in USDT on CEX since the market sell-off on April 13.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is Ethereum set for a surge? Historical patterns suggest a bullish breakout at $3.3K
Analysts Anticipate Bullish Altcoin Rally: Ethereum Leads with Potential Breakout
Cardano Price Prediction for Today, January 27 – ADA Technical Analysis
Ethereum (ETH) Price Tests $3,000 Support as Downtrend Strengthens
Ethereum’s price has dropped 7% in 24 hours, signaling a strong bearish trend. Rising ADX and whale accumulation highlight market dynamics.