June 26, 2025

Whale’s cbBTC to ETH Swap Shows $8.37M Paper Loss Amid Recent ETH Arbitrage Losses

1 min read

Chainalysis data reveals a significant transaction involving a whale who swapped 220.1 cbBTC, valued at approximately $20.81 million, for 6,202.4 ETH earlier this year at an exchange rate of 0.0354.

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Source: CoinOtag

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