A whale in a certain trading band transferred 330 cbBTC to Cionbase an hour ago.

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On March 16, according to on-chain analyst Ai Yi (@ai_9684xtpa), "an address that once profited over $98.18 million through ETH trading" has accumulated 53,392 ETH and 4,000 cbBTC since February, with a total value of $420 million. The average entry prices were $2,318.42 and $74,003.92 respectively, and the floating loss once reached $73.65 million.

One hour ago, the address transferred 330 cbBTC (approximately $24.36 million) to Coinbase at an average price of $73,841.19. If sold, it would only incur a loss of $54,000.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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