Token_Sherpa
Cluster Capital's investment partner has just made a big move. According to on-chain data, this institutional investor transferred 1,900 ETH and 307 cbBTC to a major exchange, valued at approximately $32.62 million.
Interestingly, this batch of ETH is not new—it's been accumulated over the past month, with a cost basis around $3,402. The story of cbBTC is even more complex, accumulated in batches from mid-August to December, with an average cost of about $97,936.
The current question is clear: if this transfer to the exchange is for selling, based on current market prices, the entire position
Interestingly, this batch of ETH is not new—it's been accumulated over the past month, with a cost basis around $3,402. The story of cbBTC is even more complex, accumulated in batches from mid-August to December, with an average cost of about $97,936.
The current question is clear: if this transfer to the exchange is for selling, based on current market prices, the entire position
ETH-1.01%