A new address has withdrawn a significant amount of ETH from FalconX, indicating possible strategic investment moves by a major player in the market.
According to PANews, a new address, 0x286…2aEa4, has withdrawn 113,028.97 ETH from FalconX, amounting to $424 million. The average price of withdrawal was $3,752, leading to a current paper profit of approximately $12.04 million.