Following the SEC’s lawsuit against Binance BNB especially bitcoin And cryptocurrencyWhile there were decreases in the stock market, there were also big exits from the stock market.
In addition to these ups and downs, some big investors also took advantage of these declines.
Popular cryptocurrency platform lookonchain in his share today, important and large investors USD Coin (USDC) and Tether (USDT) He said he invested and made some purchases.
Lookonchain one of them is one of the important market maker companies Cumberland had indicated.
Lookonchain now also shows that Cumberland company is doing its bottom purchases and some of its purchases from Coinbase and Binance. altcoinHe wrote that he drew them.
In these altcoins Ethereum (ETH), Axie Infinity (AXS), Shiba Inu (SHIB), Compound (COMP), Cahinlink (LINK), Curve DAO (CRV), Aave (AAVE) and Render Token (RNDR) exists.
“Cumberland seems to have bottomed out after the SEC’s lawsuit against Binance and Coinbase.
Because we noticed that Cumberland has withdrawn 20,000 Ethereum (worth $37 million) from Coinbase and 4,850 ETH (worth $9 million) from Binance.
Cumberland has also shot AXS, SHIB, COMP, LINK, CRV, AAVE and RNDR.”
After Cumberland SEC’s lawsuits from Binance and Coinbase, it withdrew 90 million USDC from Circle, investing 85 million USDC in Coinbase and 3.5 million USDC in Binance.
It seems that #Cumberland bought from the bottom after the #SEC sued #Binance and #coinbase news reports.
We noticed Cumberland withdrew 20,000 $ETH($37M) from #coinbase and 4,850 $ETH($9M) from #Binance.
He also withdrew $AXS, $SHIB, $COMP, $LINK, $CRV, $AAVEand $RNDR. pic.twitter.com/cpYzQd5C7f
— Lookonchain (@lookonchain) June 7, 2023
*Not investment advice.
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