ChainCatcher report, according to Onchain Lens monitoring, Ethena transferred $81.97 million in USDC from its Coinbase Prime custodial wallet to FalconX. Based on on-chain transaction records, this fund transfer may be related to an over-the-counter (OTC) sale. It is currently unconfirmed whether Ethena has completed the sale.
Ethena transfers $81.97M USDC to FalconX, possibly for an OTC sale
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Summary
Ethena transferred 81.97 million USDC from its Coinbase Prime wallet to FalconX, according to on-chain data from Onchain Lens. The transaction may be related to an OTC sale, though it is unclear whether the deal has been finalized. The transfer has drawn attention in crypto news circles, with traders monitoring for additional on-chain activity. Ethena’s move underscores ongoing capital reallocations in the market.
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