BlockBeats News, April 14th, according to Chain.info, the "Whale/Institution that Dropped $500 Million to Buy the Dip of BTC and ETH in Early February" transferred 670 cbBTC (approximately $50.11 million) to Coinbase 10 minutes ago.
Their average cost of buying 4000 cbBTC in early February was $73,837, and today they seemingly cashed out part of their profit, totaling $1.1 million.
