$ETH AND $CBBTC WHALE OTC WALLET BEGINS CUTTING LOSSES 🔥
Body:
A wallet that bought 163,405
$ETH at $2,691 and 4,000 $cbBTC at $74,004 just started depositing to top-tier exchanges. In the last two hours, 330 cbBTC (~$24.3M) went to Coinbase and 12,000 ETH (~$27.4M) to FalconX.
cbBTC is near breakeven, but ETH is still underwater — and this whale is now selling at a loss again. When institutional-sized positions hit exchange order books, it shifts the liquidity landscape.
Are you watching this level for a potential sweep or avoiding the pressure?
Not financial advice. Always manage your risk.
#ETH #CryptoWhale #LossCutting #MarketStructure 🔥