A loop-loan whale wallet identified as 0xc79b...12be sold 200 cbBTC about nine hours ago at $77,458 per coin, according to on-chain analyst Ember, as cited by ChainCatcher. The sale was converted into 15.49 million USDC.
Ember said the cbBTC sold in this transaction had been accumulated between February and July this year at an average purchase price of $68,750. Based on those entries, the latest sale generated a profit of $1.74 million.
The update focuses on a single monitored transaction and the realized gain tied to that position. No additional trading activity or follow-up transfers were disclosed in the source note.
ChainCatcher reported, citing on-chain analyst Ember, that a loop-loan whale wallet, 0xc79b...12be, sold 200 cbBTC about nine hours ago at $77,458 each and converted the proceeds into 15.49 million USDC.
According to Ember, those cbBTC were bought between February and July this year at an average price of $68,750. The transaction resulted in a profit of $1.74 million.
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