A wallet suspected to be related to Genesis Trading transferred 30,000 ETH in 14 hours, and may be selling it
According to on-chain analyst Lookonchain (@lookonchain), a whale wallet holding over 110,000 ETH (approximately $235 million) is suspected of selling ETH. In the past 14 hours, the wallet has transferred 30,000 ETH (approximately $68.55 million) to FalconX and Galaxy Digital, and received 7.76 million USDC from FalconX. The wallet may be related to Genesis Trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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