FalconX Makes Record-Breaking ETH Move, Sending $115 Million to Two New Wallets

A significant development in the institutional crypto space has caught the attention of observers as FalconX, a prominent platform for trading digital assets, sent a massive $115 million in Ethereum (ETH) to two newly created wallets. On-chain analytics platform Onchain Lens reported this extraordinary transaction, suggesting both wallets might belong to the same entity. This large ETH transfer highlights the growing maturity and liquidity within the institutional crypto market.