According to on-chain analyst Ai Auntie, over the past 8 hours, a savvy ETH trader (address: 0xFB7...e0A3) has withdrawn 750 cbBTC from Coinbase, valued at $55.99 million, with an average withdrawal price of $74,665.8 per coin.
This move has attracted significant market attention as the trader previously earned $99.22 million through ETH trades, demonstrating strong market insight.
- Total cbBTC withdrawn: 750 coins
- Total value: $55.99 million
- Average withdrawal price: $74,665.8 per coin
Industry experts suggest that this move could signal the whale’s bullish stance on BTC’s long-term outlook or a plan to shift funds to other platforms for further trading opportunities.