Crypto Whale 0xD4E Accumulates $19M Worth Of MKR From FalconX

A whale identified as 0xD4E has accumulated a total of 16,205 $MKR from FalconX, with an average price of $1.167, since July 27, with the latest purchase of 10,436 $MKR at $1,162 recently. The whale still holds all the $MKR and is now the 9th largest holder of the cryptocurrency. The total value of the whale’s holdings is now approximately $19M.

CoinCu previously reported that bankrupt crypto lender Celsius Network recently sent around $24 million worth of altcoins to FalconX wallets, according to data from Arkham Intelligence. The bulk of the funds were sent to the cryptocurrency brokerage firm, FalconX. The company received $8.46 million worth of Chainlink (LINK), $7.71 million in Synthetix (SNX), and $3.06 million in BNB.

In addition, other assets sent to FalconX include $2.1 million worth of 1INCH, $1.87 million in 0x Protocol’s ZRX token, and $718,000 worth of FTX’s native token, FTT.

Two months ago, FalconX reportedly conducted a remarkable MKR withdrawal from Binance. Lookonchain revealed FalconX’s impressive $10.5M withdrawal from Binance.

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