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Looping whale cbBTC trades

Story timeline · 2 updates, 31 Oct to 6 Nov 2026

On-chain analyst Yu Jin reported the looping whale 0xc79b sold 200 cbBTC for $15.5m at $77,458, coins bought at an average of $68,750. The whale later panic-sold 288.1 cbBTC for $22.4m after the Binance hack, then bought back 203.6 cbBTC at $77,804.

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