iCloud finder upload speed is very slow
I'm trying to upload about 65gb of files into iCloud but at this rate it is going to take all year, so far it has done 1.6gb in 4 hours. I'm using a M1 Pro MacBook with connected via ethernet.
I have tried manually uploading a file via the iCloud.com website and it is very fast, a 240mb file took less than a minute to upload. The file that I uploaded through iCloud.com synced back to my computer very quickly, so it's just the upload speed that appears broken.
MacBook Pro 16″, macOS 12.0