$BTC After two months of inactivity, the wallet came back to life, converting 5.18 million dollars into $USDC at 53.87 $WBTC at a price of 96,160 dollars per token.

$USDC came from Chainflip, and the wallet also received 119.73 $ETH, valued at 218 thousand dollars.

Wallet address: 0x59…3acd.

What could this mass exchange of $USDC for $WBTC mean for Chainflip's role in the cryptocurrency market?