A smart money whale deposited 330 cbBTC into Coinbase, narrowing its unrealized loss to approximately $54,000.

CoinFeed reported on March 16th that, according to AiYi, since February, a whale address has cumulatively purchased 53,392 ETH and 4,000 cbBTC, with a total investment of approximately $420 million. The average entry prices were $2,318.42 and $74,003.92 respectively. Its holdings at one point showed a floating loss of over $73.65 million. Latest data shows that about an hour ago, this whale deposited 330 cbBTC into Coinbase at an average price of $73,841.19, worth approximately $24.36 million. If sold at the current price, it would incur a loss of approximately $54,000.