Data: A certain whale/institution has cut losses and reduced holdings by 12,000 ETH and 330 cbBTC, worth 51.79 million USD

By: rootdata|2026/03/17 11:42:00
0
Share
copy

According to on-chain analyst Yu Jin's monitoring, "At the beginning of February, a whale/institution invested $500 million to buy the dip in BTC and ETH," and last night, after the market rose, they reduced their holdings by 12,000 ETH and 330 cbBTC, worth $51.79 million.

However, the price of ETH has still not returned to their average buy-in price, which means this reduction still counts as a loss: their average cost for ETH is $2,667, and for cbBTC, it is $73,837. The reduction resulted in a loss of $19.66 million. They currently hold ETH and BTC worth $603 million: 138,000 ETH ($326 million) + 3,670 cbBTC ($277 million).

-- Price

--

You may also like

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com