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A certain whale/institution increased its holdings by 750 cbBTC, accumulating a total purchase of $318 million worth of ETH and cbBTC after a sharp decline.
PANews February 4th News, according to on-chain analyst Yu Jin’s monitoring, a whale/institution that made a profit of 98.95 million USD through swing trading has bought another 750 cbBTC (55.95 million USD) today. In the past few days of sharp decline, they have purchased assets worth 318 million USD.
83,392 ETH (20.4 million USD), average price 2,450 USD. 1,500 cbBTC (113 million USD), average price 75,820 USD.
Currently, they hold a total of 173,000 ETH (406 million USD) and 1,500 cbBTC (113 million USD), with an unrealized loss of 65.43 million USD: ETH average cost 2,667 USD, cbBTC average price 75,820 USD.