A prominent crypto investor, known for previously profiting over $98.18 million from Ethereum trades, has transferred 330 cbBTC (approximately $24.36 million) to Coinbase at an average price of $73,841.19. Since February, the investor has accumulated 53,392 ETH and 4,000 cbBTC, valued at $420 million, with average entry prices of $2,318.42 and $74,003.92, respectively. Despite a temporary asset depreciation exceeding $73.65 million, the recent transfer suggests a potential strategic move, with a minimal potential loss of $54,000 if sold at current prices. The wallet address associated with these transactions is 0xd4584Bf988C9E8994688b56484E2F74cEAEeFB20.
Smart Money Investor Transfers $24.36M in cbBTC to Coinbase
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