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COINOTAG News, citing EmberCN monitoring, reports that a whale address 0x65b4 intensified accumulation after the 10/11 flash crash, moving roughly $22.63 million in ETH and cbBTC. This activity highlights ongoing whale-driven liquidity dynamics in a volatile market.
On the crash day, the address purchased 3,397.7 ETH for $12.635 million USDC, at an average price of $3,719 per ETH.
In a separate move today, the same whale acquired 91.5 cbBTC for $10 million USDC, equating to about $109,207 per token.
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