Wallet 0x1db (likely Cumberland DWR) further received 183.2M USDT from the Tether Treasury and then deposited them to CEX in the past 8 hours:

• address: 0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5

Notably, the transfers came after the Tether Treasury minted 1B on the Ethereum chain 9 hours ago.

Overall, since the crash on August 5 (9 days ago), Cumberland has allegedly received 953M USDT from the Tether Treasury and injected 906.7M USDT into various exchanges, including:

• 469M USDT to Coinbase;
• 207.6M USDT to Kraken;
• 116.5M USDT to OKX;
• 81.6M USDT to Binance;
• 32M USDT to Bullish.com.

Fig 1. The top transactions by Wallet 0x1db (likely Cumberland DWR) in the past 24 hours.

Fig 2. The USDT amount deposited to CEXs by Wallet 0x1db (likely Cumberland DWR).