According to Arkham s monitoring, the suspected Cumberland DRW address received 50 million USDT from Tether Treasury about 41 minutes ago, which was then transferred to OKX, Binance, Kraken, and an unmarked address
According to Scopescan, Cumberland DRW deposited 8,000 ETH ($20 80 million) to Coinbase through 4 addresses They still hold 5,500 ETH ($14 50 million), their second largest position
DRW Venture Capital recently disclosed its holdings of a $150 million U S spot Ethereum ETF, in a filing with the Securities Exchange Commission (SEC) showing the investment firm s ETH exposure since the ETF s launch in late July