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.

#Cumberland #usdt #deposit