Recently, Virtuals Protocol swapped 2,880 ETH for 110.16 cbBTC, estimated at a total of 12.67 million USD. The previous swap on June 11 involved 73.399 cbBTC for ETH at nearly 2,778 USD.
Holding cbBTC yielded a 58.3% return over three months, outperforming BTC’s 42.3% return. The position has generated a floating profit of 4.67 million USD.
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