BlockBeats News, March 8th, According to on-chain data analyst Lava Ying's monitoring, after selling 40,000 ETH, a certain whale/institutional address may have used some of the funds to buy PHA. The address received 16.88 million PHA (approximately $2.18 million) from FalconX 7 hours ago.
Reportedly, after transferring 10,000 ETH to FalconX, the address only withdrew 19.49 million USDC from FalconX. The remaining part of the funds may have been used to purchase these 16.88 million PHA through FalconX.
