Bitcoin Transfer From Cumberland DRW to Anonymous Address

An undisclosed cryptocurrency exchange, Cumberland DRW, recently sent a sizable sum of Bitcoin, worth roughly $3.21 million at the time of transfer, to an anonymous wallet. The transaction, detailed by ChainCatcher using Arkham data, took place on August 27th, 2023, at 7:43 PM Eastern Time and involved 36.94 BTC going to a wallet beginning with the identifier ’32EHPS’. This transfer suggests a need for further investigation into the exchange’s anonymity practices.