Profited $1.74 Million, Loop Lending Whale Sells 200 cbBTC

Odaily reports: According to on-chain analyst Yu Jin's monitoring, a loop lending whale (0xc79b...12be) sold 200 cbBTC at a price of $77,458 nine hours ago, converting them into 15.49 million USDC. These cbBTC were purchased between February and July of this year at an average price of $68,750, resulting in a profit of $1.74 million from this transaction.