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A whale address transferred 12,000 ETH to FalconX.

according to Onchain Lens monitoring, a certain OTC trading whale has transferred 12,000 ETH (approximately 27.43 million USD) to FalconX and 330 cbBTC to Coinbase, suspected to be preparing to sell in order to repay loans.

Currently, the whale holds 3,670 cbBTC (approximately 273.56 million USD), 120,380 stETH (approximately 276.7 million USD), and 17,753 WETH (approximately 40.76 million USD).

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