Institutions continue to actively buy
#ETH .
Cumberland withdrew 36,918 ETH ($132.8M) from Coinbase.
Abraxas Capital also continues purchasing—another 7,191 ETH ($26M) was withdrawn from Binance.
👉 Low-impact now: Institutional ETH buys under $1B don't move markets; watch SEC's Aug 31 SOL-ETF decision for next adoption catalyst.
