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Cumberland Buys Crypto at Dip After SEC Sues Binance and Coinbase

According to a tweet from blockchain data analytics firm LookOnChain, Cumberland seems to have bought cryptocurrencies at the market low after the US financial regulator SEC sued Binance and Coinbase. Cumberland withdrew 20,000 ETH ($37 million) from Coinbase and 4,850 ETH ($9 million) from Binance, as well as AXS, SHIB, COMP, LINK, CRV, AAVE, RNDR, and other cryptocurrencies.

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