$BTC After two months of dormancy, a wallet sprang to life, converting $5.18M in $USDC to 53.87 $WBTC at $96,160 per token.

The $USDC originated from Chainflip, and the wallet also received 119.73 $ETH valued at $218K.

Wallet address: 0x59…3acd.

What could this wallet’s massive $USDC-to-$WBTC swap signal about Chainflip’s role in the crypto market?