COINOTAG News reported on August 25 that, according to Onchain Lens monitoring, a whale received 254.92 BTC from FalconX, a transfer valued at approximately $28.57 million. The inbound transaction was identified by on-chain analytics as a significant institutional-to-wallet spot transfer, drawing attention from crypto custody and compliance observers.
Data shows the same address has accumulated a total of 2,219 BTC over the past month, representing roughly $249 million in aggregate holdings. Such sustained accumulation, as recorded by on-chain monitoring, increases wallet concentration and is a pertinent metric for liquidity analysis and institutional risk assessment without implying price forecasts.