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"500 Million Dollar Bottom-Fishing Whale" transfers 670 cbBTC to Coinbase
Mars Finance reports that on April 14, according to Ember Monitoring, “the whale/institution that spent 500 million USD to buy the dip in BTC and ETH in early February” transferred approximately 67,000 cbBTC ( worth about 50.11 million USD ) into Coinbase 10 minutes ago. Their average purchase price for 4,000 cbBTC in early February was $73,837, which means they potentially took a profit of $1.1 million by reducing their position today.