Summary
- Two newly created wallets reportedly received approximately $115.11 million worth of Ethereum (ETH) from FalconX.
- Onchain Lens stated that there is a high possibility the two new wallets are owned by the same entity.
- With a large amount of ETH moving to new addresses, it is suggested that institutional or whale investors may be planning long-term holding or strategic accumulation.
It has been revealed that two newly created wallets received more than 20,000 Ethereum (ETH) from FalconX.
On the 18th (local time), Onchain Lens reported on X, "Two newly created wallets received 25,684 ETH (about $115.11 million) from FalconX. There is a high possibility that the two new wallets belong to the same entity."
As a large amount has moved to new addresses, there are suggestions that this may indicate long-term holding or strategic accumulation by institutional or whale investors.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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