Cumberland DWR Wallet Transfers 100M USDT to Major Exchanges!
In the past 8 hours, Wallet 0x1db (likely linked to Cumberland DWR) has moved 100M USDT from Tether's Treasury to various exchanges, including:
40M USDT to OKX
34M USDT to Coinbase
21M USDT to Kraken
5M USDT to Binance
🔗 Address: 0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5
Notably, these transfers have resumed after a 4-day pause in USDT injections to centralized exchanges.
Total Impact: Since the market crash on August 5, 2024, this wallet has transferred a whopping 1.766B USDT to various exchanges, with 439.92M USDT moved in just the past week.