According to @OnchainDataNerd, major institutional players have made significant moves in the Ethereum (ETH) market. Cumberland withdrew 36,918 ETH, valued at approximately $132.86 million, from Coinbase 10 hours ago. In addition, Abraxas Captial accumulated 7,191 ETH, worth around $25.97 million, from Binance just 4 hours ago. These large-scale withdrawals and accumulations by institutions and market makers indicate a potential preparation for an upcoming round of ETH price action. Such whale activity is often seen as a bullish signal for traders, suggesting possible upward momentum in ETH markets. Source: @OnchainDataNerd.