A whale wallet holding 110,000 ETH began to transfer ETH, suspected to be selling

Odaily News According to Lookonchain monitoring, a whale wallet holding 110,000 ETH (US$235 million) is suspected to be selling ETH. In the past 14 hours, the wallet has transferred 30,000 ETH (US$68.55 million) to FalconX and GalaxyDigital, and received 7.76 million USDC from FalconX. Lookonchain said that the wallet may be related to Genesis Trading.