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This really depends on your long term goals and what you want to do. Hard to give any advice without more context.
If you’re okay with the ridic working hours and want to optimise for $$$ - just go for it.
Just make sure your future exit story is super clear in case you hate that environment.
If however you end up liking that place, sky is the limit.
All the best!
How big of a demotion, and whats the comp change?
How did you get this opportunity?
Wow BB really are more short staffed than consulting firms if they would consider someone as senior as you for that role. There are no similarities in the two types of work