Whale Adds 200 BTC to Holdings, Now Accumulates 1,721 BTC from FalconX Worth $196M — BlockBeats Aug 20

COINOTAG News reported on August 20 that LookIntoChain monitoring identified a whale address which added 200 BTC (approximately $22.72 million) to its holdings about five hours ago, according to on‑chain records. The transaction was recorded and corroborated by the analytics provider, offering a verifiable data point for participants tracking large‑scale flows.

In the prior 30 days the same address accumulated roughly 1,721 BTC acquired from FalconX, totaling near $196 million, a level of BTC accumulation that meaningfully impacts on‑chain supply metrics. Risk managers and liquidity analysts should incorporate this concentrated accumulation into assessments of market depth and potential liquidity constraints within the broader crypto ecosystem.