According to the monitoring of on-link analyst Lookonchain (@lookonchain), a giant whale is shorting the ETH/BTC trading pair. The giant whale extracted 2,770 cbBTC (about $243 million) from Coinbase, then deposited 2,219 of the cbBTC (about $194.6 million) into the Aave agreement and lent 45,441 Ethereum (about $99 million).