TechFlow reports, on January 9, according to on-chain analyst Yujin's monitoring, a whale sold 220.1 cbBTC (approximately $20.33 million) for 6,202.4 ETH over the past two hours, at an exchange rate of 0.0354.
The whale had withdrawn the cbBTC from Coinbase three hours earlier, and after converting it into ETH, distributed the funds across two addresses.




