Suspected Cumberland-related address has withdrawn approximately $89.45 million worth of ETH from Binance in the past week.

PANews reported on July 9 that according to Lookonchain monitoring, whales/institutions are buying Ethereum. In the past week, wallet address 0xFC82 (possibly associated with Cumberland) withdrew 34,883 ETH (worth $89.45 million) from Binance.

Additionally, in the past week, wallet address 0x3c9E withdrew 7,200 ETH (worth $18.37 million) from Kraken.