Home
News
Details

Three Addresses Withdraw 2,509.2 BTC Worth $221M from FalconX

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,189.20-0.1%
Whale activity trading saw a major move as three addresses withdrew 2,509.2 BTC ($221 million) from FalconX in 13 hours, averaging 836.4 BTC per address. The timing and scale suggest large whale or institutional buying at a low. Traders are now evaluating the risk-to-reward ratio of entering positions amid the sudden outflow. On-chain analyst Yujin flagged the activity as potentially signaling a shift in market sentiment.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.