Odaily Planet Daily reports, according to Onchain Lens monitoring, a large OTC whale "0xfb7" has transferred 12,000 ETH (approximately $27.43 million) to FalconX and 330 cbBTC to Coinbase, likely in preparation for selling to repay a loan. The whale currently holds: 3,670 cbBTC (approximately $273.56 million), 120,380 stETH (approximately $276.7 million), and 17,753 WETH (approximately $40.76 million).
OTC whale transfers 12,000 ETH to FalconX, worth $27.43M
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Summary
An OTC whale with address '0xfb7' has transferred 12,000 ETH ($27.43 million) to FalconX and 330 cbBTC to Coinbase, sparking speculation about loan repayments. ETH news highlights the whale’s remaining holdings: 3,670 cbBTC ($273.56 million), 120,380 stETH ($276.7 million), and 17,753 WETH ($40.76 million). The latest ETH update shows no significant changes in the overall portfolio balance.
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