Close to 200 Billion SHIB Sent to Leading Exchanges by Big Player as Price Soars

Almost 200 billion SHIB go to major exchanges

The aforementioned account @OnchainDataNerd spread the word that popular crypto trading firm Cumberland, which has been operating on the market since 2014 and in the past worked with Goldman Sachs and Nomura as a liquidity provider for their crypto trades, has transferred 144 billion Shiba Inu to the Coinbase exchange.

Several hours prior to that, the same company moved 50.36 billion to OKX. These chunks of SHIB are evaluated at $3.3 million and $1.17 million. Now, after these transfers, Cumberland’s wallet still holds an estimated 1.69 billion Shiba Inu worth roughly $45,000.

6 hours ago, #Cumberland just deposited 144B $SHIB (~$3.3M) to #Coinbase.

10 hours ago, they did deposited 50.36B $SHIB (~$1.17M) to #OKX.

Just now, they just have 1.69B $SHIB (~$45k).