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A whale sold 220.1 cbBTC on the chain in the past 2 hours for 6202.4 ETH, with an exchange rate of 0.0354

A whale sold 220.1 cbBTC on the chain in the past 2 hours for 6202.4 ETH, with an exchange rate of 0.0354

CointimeCointime2025/01/09 05:00
By:Cointime

blockchain analyst Yu Jin has monitored that a whale sold 220.1 cbBTC (worth $20.33 million) on the chain and exchanged it for 6,202.4 ETH at a rate of 0.0354 in the past 2 hours.

The whale withdrew cbBTC from Coinbase 3 hours ago and after exchanging it for ETH, dispersed it into 2 addresses for storage.

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