All depends on your time horizon for using the money and your risk tolerance. If you are going to buy a place in 6 months and use the 230k for a down payment, put it in a HYSA and call it done. If you aren't going to buy for a while go ahead and either get a CD going (very low risk) or invest the money in some broad market low cost ETFs (higher risk), or what the heck, yeet it into some crypto currency and find out (insane risk).