A Whale in a Certain Circle Recently "Bought the Dip" on a $500 Million Worth of Mainstream Coins
BlockBeats News, February 5th, according to EmberCN monitoring, the "Whale/Institution that profited $98.95 million through Flashbots" once again increased its holdings by 2,500 cbBTC ($181 million) in the past 9 hours today.
Since the market's sharp drop on February 1st, the accumulated "buying the dip" amount of cryptocurrency is now $500 million:
· 4,000 cbBTC ($295 million) with an average price of $73,837.
· 83,392 ETH ($204 million) with an average price of $2,450.
Now holding a total of 173,000 ETH ($406 million) and 4,000 cbBTC ($295 million), experiencing an unrealized loss of $94.64 million: ETH's average cost is $2,667, cbBTC's average price is $73,837.
You may also like

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

What will the early Hyperliquid prediction market look like?

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?

The economy is entering a new cycle, how can the average person prepare?

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years

a16z Crypto's latest research: What is the key to the large-scale application of DeFi?

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks

AI Seating Chart Released | Rewire News Morning Brief

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

