Whale Purchases $110.52 Million in Ethereum via FalconX

Blockchain analytics platform Arkham reports a major ETH acquisition by a large holder through trading firm FalconX.

ETH

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Terms & Concepts
  • Whale: A term used in cryptocurrency markets to describe an individual or entity holding large amounts of a digital asset, capable of influencing market prices.
  • Ethereum (ETH): A leading blockchain platform with its native cryptocurrency, Ether, used for transactions and running decentralized applications.
  • FalconX: A cryptocurrency and digital asset trading platform catering to institutional clients.