EmberCN reported that a circular-lending whale address ending 0xc79b sold 200 cbBTC at about $77,458 each and received roughly 15.49 million USDC.
Reported transaction
In a post on X, EmberCN said the cbBTC had been accumulated between February and July at an average cost of about $68,750. Based on those figures, it estimated gross profit at about $1.74 million before fees or financing costs.
The post linked to a Zerion transaction-history page, but the public flash exposes only the shortened address and no transaction hash. The sale, cost basis and profit remain EmberCN’s estimates and were not independently verified here.
Source: BlockBeats flash and EmberCN’s X post via FxTwitter (original X post), published Oct. 31, 2026.