On Aug. 26, COINOTAG News cited monitoring from Onchain Lens showing a crypto whale increased its holdings by 200 BTC through FalconX, a move valued at roughly $24 million. The on-chain record documents the transfer and provides verifiable evidence of a sizeable institutional-direction shipping of bitcoin without attributing motive.

Following the acquisition, the wallet’s balance stands at 2,419 BTC, with an estimated valuation near $265.9 million based on prevailing market prices. These confirmed on-chain metrics offer analysts a concrete data point for assessing supply concentration and capital flows, grounded in observed chain activity rather than conjecture.