Smart Money Whale Deposits 330 cbBTC Into Coinbase, Narrowing Unrealized Loss to $54,000

Fresh on-chain data shows a large holder moved cbBTC to Coinbase, reducing unrealized losses to about $54,000.

2026-03-16

A smart money whale deposited 330 cbBTC into Coinbase, narrowing its unrealized loss to approximately $54,000. AiYi data shows the whale address has accumulated 53,392 ETH and 4,000 cbBTC since February, with a total investment of about $420 million. The average entry prices were $2,318.42 for ETH and $74,003.92 for cbBTC.

Latest data shows that about an hour ago, the whale deposited 330 cbBTC into Coinbase at an average price of $73,841.19, worth approximately $24.36 million. Selling at the current price would result in a loss of approximately $54,000.