#ETH Cumberland DRW suspected completion of ETH reallocation, 27,547 ETH transferred to Coinbase exchange

50 minutes ago, Cumberland DRW transferred 27,547 ETH to Coinbase exchange, valued at approximately $50.33 million, with an average price of $1,827 per ETH. Based on on-chain data, this batch of ETH was the total of 27,632 ETH withdrawn from exchanges like Binance in several batches within the previous 3 hours, suspected to complete a full arbitrage or reallocation operation, indicating a clear intention to sell.