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Whale Withdraws Over 68,000 ETH Worth $205 Million from FalconX in Four Days

2025-07-16 00:56:45

Whale Withdraws Over 68,000 ETH Worth $205 Million from FalconX in Four Days

Main Idea

A newly created wallet withdrew over 68,000 ETH worth $205 million from FalconX in four days, indicating significant liquidity movements in the Ethereum market.

Key Points

1. On July 16, a new wallet withdrew 27,805.52 ETH (approx. $83.18 million) from FalconX.

2. Over four days, the same wallet cumulatively withdrew 68,141 ETH (approx. $205.74 million).

3. The wallet address involved is 0x96842feaf466ab482e700acac5c80e61b97e06ea.

4. This activity highlights substantial liquidity shifts within the Ethereum market.

Description

On July 16, data from OnchainLens revealed a significant transaction involving a newly created wallet address that withdrew 27,805.52 ETH from FalconX, with an estimated value of around $83.18 million.

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ETH