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Ethena transferred $81.97 million USDC to FalconX, suspected of engaging in an OTC sale

BlockBeats News, August 15th, according to Onchain Lens monitoring, Ethena transferred $81.97 million USDC from its Coinbase Prime custody wallet to FalconX.

According to on-chain transaction records, this fund transfer may be related to an over-the-counter (OTC) sale. It is currently unclear whether Ethena has completed the sale.

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On-Chain Activity

1h ago

A new address withdrew 33,800 HYPE coins from Coinbase, worth approximately $1.88 million

1h ago

Ethena transferred $81.97 million USDC to FalconX, suspected of engaging in an OTC sale

1h ago

In June, a $30 million USD ETH whale suspected of profit-taking reduced their position, transferring over 10,000 ETH to FalconX for a realized gain of $2.47 million USD.

1h ago

Monetalis reportedly sold 3.72 million UNI tokens and instead purchased 171,500 HYPE tokens.

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