A giant whale withdraws 13,800 ETH from Coinbase and repays the ETH borrowed with cbBTC as collateral

2025-05-16 01:25:38
According to Onchain Lens, a whale withdrew 13,800 ETH (worth $35.26 million) from Coinbase and repaid the ETH borrowed as collateral in cbBTC. The whale still needs to repay 32,377.6 ETH (about $82.61 million).