[A certain whale/institution sold off 12,000 ETH and 330 cbBTC at a loss, worth $51.79 million] According to on-chain analyst Yu Jin's monitoring, the 'whale/institution that invested $500 million to bottom-fish BTC and ETH in early February' reduced its holdings last night after the market rose, selling off 12,000 ETH and 330 cbBTC, worth $51.79 million. However, the price of ETH has still not returned to their average entry price, meaning this sell-off was still at a loss: their average cost for ETH was $2,667, and for cbBTC, it was $73,837. The partial sell-off resulted in a realized loss of $19.66 million. They still hold $603 million worth of ETH and BTC: 138,000 ETH ($326 million) + 3,670 cbBTC ($277 million).