COINOTAG News reported on August 25 that, according to Onchain Lens monitoring, a whale received 254.92 BTC from FalconX, a transfer valued at approximately $28.57 million. The inbound transaction was identified by on-chain analytics as a significant institutional-to-wallet spot transfer, drawing attention from crypto custody and compliance observers.
Data shows the same address has accumulated a total of 2,219 BTC over the past month, representing roughly $249 million in aggregate holdings. Such sustained accumulation, as recorded by on-chain monitoring, increases wallet concentration and is a pertinent metric for liquidity analysis and institutional risk assessment without implying price forecasts.
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Source: https://en.coinotag.com/breakingnews/bitcoin-whale-accumulates-2219-btc-in-one-month-falconx-sends-latest-254-92-btc-28-6m/