Odaily Planet Daily reports, according to on-chain analyst Aunt Ai, the smart money that previously profited over $98.18 million from ETH swing 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 for ETH and $74,003.92 for cbBTC. One hour ago, he deposited 330 cbBTC (approximately $24.36 million) into Coinbase at an average price of $73,841.19, resulting in a potential loss of $54,000 if sold.
ETH swing smart money deposits 330 cbBTC into Coinbase, which would result in a $54,000 loss if sold.
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Summary
An ETH analysis reveals that a major swing trader deposited 330 cbBTC into Coinbase at $73,841.19, totaling $24.36 million. The whale, who has held 53,392 ETH and 4,000 cbBTC since February, has an average ETH purchase price of $2,318.42. Selling the cbBTC deposit would result in a $54,000 loss. The ETH analysis shows the whale’s total portfolio is valued at $420 million.
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