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Whale Deposits 625 BTC ($39.96M) to FalconX After Year-Long Inactivity, Likely for Sale
A whale, identified by the address 'bc1qyr', has deposited 625 Bitcoin (BTC), worth approximately $39.96 million, into the FalconX exchange. This transaction marks the first activity from the address in over a year and is likely intended for selling. According to Lookonchain, the whale has incurred a loss of over $20 million by holding BTC for more than a year.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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