COINOTAG News reported on October 8 that LookIntoChain monitoring recorded a new address, 0xedf1, executing a purchase of 20,020 ETH via FalconX roughly two hours prior, with an on-chain value near $89.7 million. Transaction metadata published by LookIntoChain and corroborated by on-chain explorers confirm the timestamp and transfer size; reporting is limited to verified on-chain activity and custodial routing through the execution venue. Market observers should treat this as documented blockchain movement rather than investment advice, relying on primary chain records for further due diligence.