According to @EmberCN on Twitter, a major whale sold 197.1 WBTC on-chain within the past 30 minutes, exchanging it for $20.44 million USDT at a price of $103,697 per WBTC. The whale initially withdrew the WBTC from OKX, performed the swap on-chain, and then transferred the USDT back to OKX. This substantial transaction highlights active liquidity between centralized and decentralized markets and could signal increasing volatility or bearish sentiment for Bitcoin and wrapped Bitcoin pairs, as large on-chain sales often precede short-term price corrections. Traders should monitor BTC and WBTC price movements and on-chain flows for potential crypto market impacts (Source: @EmberCN, Twitter, May 14, 2025).