Whale Address Transfers 3,570 ETH Worth $12.24 Million From FalconX

According to BlockBeats, a whale address starting with 0x171 transferred 3,570 ETH, worth $12.24 million, from FalconX two hours ago. Four hours prior to this transaction, the same whale had deposited $10 million worth of USDC into FalconX, possibly for purchasing ETH. The whale currently holds a total of 16,572 ETH, valued at $56.64 million. Out of this amount, 15,470 ETH has been deposited into Spark Protocol as collateral, and 36.28 million DAI has been lent out, with a health factor of 1.16.

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