A major whale transferred its remaining 2,000 cbBTC tokens to Coinbase, realizing a total profit of $5.37 million.
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A major whale transferred its remaining 2,000 cbBTC tokens to Coinbase, realizing a total profit of $5.37 million.
According to Yu Jin’s monitoring, the whale/institution that spent $500 million to accumulate BTC and ETH at the bottom in early February transferred its remaining 2,000 cbBTC (approximately $151 million) to Coinbase in the early hours. This address purchased 4,000 cbBTC at an average price of $73,837 in early February and has now transferred all of it to Coinbase at an average price of $75,181, realizing a profit of approximately $5.37 million.
Navigating Web3 tides with focused insightsTechFlow News: On April 21, according to Yujin’s monitoring, a whale/institution that purchased BTC and ETH for $500 million at the beginning of February transferred its final 2,000 cbBTC (approximately $151 million) to Coinbase in the early hours. This address had bought 4,000 cbBTC at an average price of $73,837 per token at the beginning of February and has now transferred all of it to Coinbase at an average price of $75,181 per token, realizing a profit of approximately $5.37 million.
