TechFlow News: On April 14, blockchain analyst EmberCN (@EmberCN) reported that a whale/institution that invested $500 million to accumulate BTC and ETH in early February transferred 670 cbBTC (approximately $50.11 million) to Coinbase 10 minutes ago, following today’s BTC price surge. This whale purchased 4,000 cbBTC in early February at an average cost of $73,837 per token; today’s partial divestment yielded approximately $1.1 million in profit. The whale currently holds ETH and BTC totaling roughly $556 million, comprising 138,000 ETH (approximately $330 million) and 3,000 cbBTC (approximately $226 million).
Add to Favorites
Share to Social Media
