Data: Whale 0xfb7 transferred 23,500 Ethereum to FalconX, suspected to be for sale and loan repayment

According to Onchain Lens monitoring, an OTC trading whale with the address 0xfb7 transferred 23,500 Ethereum (approximately $47.47 million) to FalconX, suspected to be for selling and repaying loans.

Currently, the whale holds 4,000 cbBTC (approximately $269 million), 120,380 stETH (approximately $243 million), and 29,727 WETH (approximately $60.16 million). Meanwhile, the address borrowed $97.26 million in USDT from Aave.