New Wallet Receives $97.8 Million in Ethereum from FalconX

The statement is strongly supported by multiple, relevant primary sources. Two news articles from Bitget directly and explicitly confirm the event, specifying a transfer of 30,075 Ethereum, valued at approximately $88 million, originating from the institutional exchange FalconX and sent to a new wallet. This provides a direct match for every element of the claim.Further corroborating evidence comes from Phemex, which reports on a larger aggregate transfer of $140.58 million in ETH from FalconX to new addresses. While the dollar amount is different, this report confirms the core activity of a significant ETH outflow from FalconX to new wallets and likely includes the specific $88 million transaction as part of a larger set of movements. There is no credible contradictory evidence. The sources that did not support the claim were found to be completely irrelevant, discussing different transactions, different cryptocurrencies, or unrelated topics. The consistency and directness of the supporting evidence from multiple crypto-focused news platforms lend high confidence to the assessment.