Early February massive whale/institution accumulation of $500 million at bottom, followed by position reduction of $51.79 million, realizing a loss of $19.66 million

SmartContractAuditor · 2026-03-17T02:01:35+00:00

According to Ember's monitoring, a whale/institution reduced its position by 12,000 ETH and 330 cbBTC after the market rally, incurring a loss of $19.66 million. The entity currently still holds ETH and BTC worth $603 million.

SmartContractAuditor

2026-03-17 02:01:35

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Odaily Planet Daily reports that according to Ember Monitoring, a whale/institution spent $500 million in early February to buy the dip in BTC and ETH. Last night, after the market rose, they reduced their holdings by 12,000 ETH and 330 cbBTC, worth $51.79 million. Since the current ETH price has not yet recovered to their average purchase price, this reduction was a loss-making operation. Their average cost for ETH is $2,667, and for cbBTC is $73,837. The partial sale resulted in a loss of $19.66 million. The whale/institution still holds ETH and BTC worth $603 million, including 138,000 ETH valued at $326 million and 3,670 cbBTC valued at $277 million.

BTC0.79%

ETH2.35%

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