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Whale transfers 12,000 ETH to FalconX amid potential loan repayment

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A whale address '0xfb7' has transferred 12,000 ETH (approximately $27.43 million) to FalconX, along with 330 cbBTC to Coinbase, in the latest ETH news. The movement suggests a possible liquidation of assets to settle debts. The wallet holds 3,670 cbBTC, 120,380 stETH, and 17,753 WETH. This ETH update shows no significant changes in other holdings.

BlockBeats news, on March 16, according to Onchain Lens monitoring, the OTC whale '0xfb7' has transferred 12,000 ETH (approximately $27.43 million) to FalconX and 330 cbBTC to Coinbase, likely preparing to sell in order to repay a loan. Currently, this whale holds:


· 3,670 cbBTC (approximately $273.56 million)

· 120,380 stETH (approximately $276.7 million)

· 17,753 WETH (approximately $40.76 million)

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