# Wallet 0xc79b Sells 288.1 cbBTC, Buys Back 203.6 at Higher Price

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/50998
Published: 2026-11-07T18:35:37.000Z
Updated: 2026-11-07T18:35:37.000Z
Section: Investing

> The sale totaled about $22.35 million, while the buyback cost about $15.85 million.

Wallet 0xc79b sold 288.1 cbBTC at $77,592 each and later bought back 203.6 at $77,804 each, paying more per token for a smaller position.

The sale brought in about $22.35 million, while the buyback cost about $15.85 million. The quoted purchase price was $212 higher per token than the sale price.

The wallet had earlier sold 200 cbBTC at $77,458 each after buying tokens from February through July 2026 at an average of $68,750 per token, in a [previous 200-cbBTC trade](<https://www.tokenpost.com/news/investing/45274>).

The latest transactions followed the Oct. 30 attack on a Binance hot wallet. Binance said customer funds remained safe. Bitcoin (BTC) later rebounded to $81,200 after the sale, then declined as the wallet bought back part of its position.



## Links in this article

- [previous 200-cbBTC trade](https://www.tokenpost.com/news/investing/45274)
