A whale/institution bought 60,392 units of cBTC and 750 cbBTC for a total of $208 million

BlockBeats News, February 2nd. According to EmberCN monitoring, the whale/institution that previously made a profit of $98.95 million on ETH trades bought a total of $208 million worth of cbBTC and ETH during the recent market crash. They bought 60,392 ETH at an average price of $2,495, worth $150 million; and 750 cbBTC at an average price of $77,040, worth $57.78 million.

They currently hold a total of 150,000 ETH ($330 million) and 750 cbBTC ($57.78 million), with an unrealized loss of $80.65 million. The average full position cost of ETH is $2,726.

Source

Correction/Report

RelatedRecommended

With a market value of over 100 million USD in just 24 hours after its launch, can cbBTC overtake its competitors?

Spending 45 million US dollars to buy coins: Who is the manipulator behind Trump's project WLFI?

Trump's DeFi project WLFI purchased a large amount of crypto assets in December, including ETH, cbBTC, LINK, AAVE, ENA and ONDO.

DeFi is reviving, why are we optimistic about Base's leading DEX Aerodrome?

AERO is Coinbase Ventures’ largest single investment ever

How much key market intelligence did you miss on September 13?

1. Hot topics: Coinbase, $XRP, $SUI 2. On-chain capital flows: $655M flows into Solana, 1.1B flows out of Ethereum 3. Biggest rises and falls: $CKB, $CATE 4. Hot memes: $Ohana, $ROOMLY, $DEV 5. Top news: WSJ: Tether's net profit reached $6.2 billion last year, surpassing BlackRock, and is disrupting the US global sanctions system

2024, Base's 7 Price Breakouts

Base has become the most prominent Layer 1 blockchain on Solana.

On-Chain Activity