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Whale That Invested $500 Million in Early February Sells Last 2,000 cbBTC
On April 21, according to monitoring by Yu Jin, the ‘whale/institution that invested $500 million in BTC and ETH in early February’ transferred the last 2,000 cbBTC (worth $151 million) to Coinbase early in the morning. This address had purchased 4,000 cbBTC at an average cost of $73,837 in early February and has now transferred all of it to Coinbase at an average price of $75,181, making a profit of $5.37 million.