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

By: theblockbeats.news|2026/02/02 14:01:11
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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.

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