According to on-chain analyst Yu Jin's monitoring, a whale sold 220.1 cbBTC (20.33 million USD) on-chain in the past 2 hours in exchange for 6,202.4 ETH, at an exchange rate of 0.0354.

He withdrew cbBTC from Coinbase 3 hours ago, and after exchanging it for ETH, it was dispersed to 2 addresses for storage.