Investor Withdraws $182 Million cbBTC From Coinbase: Lookonchain
A single large investor address withdrew 2,500 cbBTC, valued at about $182.3 million, from cryptocurrency exchange Coinbase over the past 10 hours, according to blockchain data analytics firm Lookonchain. The same over-the-counter (OTC) address has accumulated a total of 4,000 cbBTC, worth approximately $296 million, and 83,392 ETH, valued at about $204 million, during the recent market downturn, Lookonchain reported.