ANOTHER MM HAS BEGAN TO MAKE A MOVE WITH #ETH 🆕🆕🆕
Cumberland has deposited 16,201 $ETH (55 million USD) on #Coinbase in the past few hours
Wallet address:
0xad6eaa735D9dF3D7696fd03984379dAE02eD8862
Many people think that this is a move to deposit on the exchange to dump to continue to pump the price of #ETH
I don't think so, if they want to dump, why don't they deposit on the exchange when #ETH is 4K but deposit at this time, being a MM, the timing can't be that bad.
I'm leaning towards the side that this is a move to prepare to drive the price up so that they can sell at a higher price of this MM.