PANews, March 16: According to Ai Yi, since February, a whale address has accumulated 53,392 ETH and 4,000 cbBTC, with a total investment of approximately $420 million, at average entry prices of $2,318.42 and $74,003.92, respectively. Its position once suffered an unrealized loss of over $73.65 million. Latest data shows that approximately one hour ago, the whale deposited 330 cbBTC into Coinbase at an average price of $73,841.19, valued at about $24.36 million; selling at current prices would result in a loss of approximately $54,000.
Whale deposits 330 cbBTC into Coinbase, floating loss narrows to $54,000
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Summary
Whale activity on Coinbase saw a major whale deposit 330 cbBTC at an average price of $73,841.19, totaling approximately $24.36 million. Since February, the whale has accumulated 53,392 ETH and 4,000 cbBTC, with a total investment of about $420 million. Recent whale movements had resulted in a floating loss exceeding $73.65 million, but the latest deposit has reduced the loss to roughly $54,000.
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