The hidden wallet address associated with Cumberland operates on Hyperliquid.
As one of the rare wallet addresses that has made a profit from PNL from December to the present, with a total profit of $16,707,625.
This wallet address received $25,000,000 USDC today. All of this stablecoin has been transferred into Hyperliquid to strengthen their position. They currently have 43 open positions and a profit of $2,904,833. In these 43 positions, they are still holding Short in BTC, $ETH, HYPE, and recently reversed to Longing positions 7 hours ago. The remaining positions are active as Market Maker (xyz,km,fix) on Hyperliquid.
For those who previously held profitable Short positions, they are also taking partial profits on the stablecoins in their wallets, which have reached $99.52M. This means they are waiting for the next phase.
Note: Cumberland is a multi-faceted VC firm operating in areas such as: Capital, Market Maker, OTC, and ETF acquisition for funds.