PANews reported on January 9 that on-chain analyst Yu Jin monitored a giant whale selling 220.1 cbBTC (approximately $20.33 million) for 6,202.4 ETH in the past 2 hours, with an exchange rate of 0.0354.

He withdrew cbBTC from Coinbase 3 hours ago, which was converted to ETH and distributed to 2 addresses for storage.