Cumberland withdrew almost 25,000 ether from Binance and Coinbase

Market maker Cumberland withdrew about $46 million in ether (ETH) from major exchanges Binance and Coinbase.
The company stepped up after reports of an SEC lawsuit against the trading venues.
The LookonChain report states that Cumberland initially made $85 million and $3.5 million in USDC steiblocoin deposits on Coinbase and Binance, respectively.