$ETH Cumberland minted 186M $USDT in just 5 hours to prepare for ETH ETF news on July 23
About 17-22 hours ago, Cumberland minted 186M $USDT and transferred 113M $USDT to CEX exchanges like OKX, Coinbase
That means there are still about 73M $USDT waiting to be transferred to the exchange
In just a short period of time, they have minted such a large amount of money and have not yet transferred it all to the exchange, likely to prepare for the news of ETH ETF trading on July 23.
Sc: 52Hz