if i had to make a guess. iconic is dumping his bc and moving his investment over to cinni. the whole iconic thing was handled poorly by this community. this stock is going down.. couldnt be worse timing.
If there is a connection i would assume that someone is dumping the BC price in order to get cheap BC when the CINNI dump is done.
You don't really expect someone to hold CINNI at 40k, or do you?