The wallet shows steady accumulation, aligning with Ethereum’s uptrend on the 4-hour chart and strong EMA support.
A wallet suspected of belonging to major crypto market maker Cumberland has continued its steady accumulation of Ethereum, adding another 3,263 ETH worth $11.75 million in the last eight hours.
On-chain analyst @ai_9684xtpa shared the data on X, linking the activity to Cumberland based on the address’s pattern of transactions.
The acquisition brings the wallet’s total ETH holdings to 23,463.3, valued at around $76.52 million. Since June 18, the address has consistently added ETH to its balance, signaling steady accumulation rather than short-term trading behavior. Each purchase has averaged around $3,261 per ETH, according to on-chain records.
