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A whale/institution transferred 670 cbBTC into Coinbase 10 minutes ago, valued at $50.11 million
14/04/2026 10:02
Svmuu News, according to on-chain analyst Yu Jian's monitoring, the whale/institution that spent $500 million to buy the dip on BTC and ETH in early February transferred 670 cbBTC ($50.11 million) into Coinbase 10 minutes ago. The average cost price for the 4,000 cbBTC he bought in early February was $73,837. Today's partial sell-off resulted in a profit of $1.1 million. He still holds $556 million worth of ETH and BTC: 138,000 ETH ($330 million) + 3,000 cbBTC ($226 million).
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