According to PANews on January 9, according to monitoring by on-chain analyst Ember, a giant whale sold 220.1 cbBTC (about 20.33 million US dollars) on the chain in the past 2 hours in exchange for 6,202.4 ETH, with an exchange rate of 0.0354.

He withdrew cbBTC from Coinbase 3 hours ago, converted it into ETH and stored it in 2 addresses.