Recent large-scale transfers of Bitcoin have been observed, with at least 8 separate transactions totaling over $410 million flowing to both Coinbase Institutional and Cumberland. This activity indicates a significant increase in institutional involvement within the crypto ecosystem. Coinbase Institutional received several notable transfers, including a substantial sum from unknown wallets totaling over $370 million, while Cumberland also saw multiple incoming transfers ranging from $120.9 million to $112.1 million from anonymous sources. The largest transfer within this category was a 984 BTC withdrawal from Cumberland’s own account, possibly signaling internal rebalancing or liquidity provision for larger market engagements.