Whale Address 0xfb7 Transfers 23,500 ETH Worth $47.47M to FalconX

Address 0xfb7 transferred 23,500 ETH (approximately $47.47 million) to FalconX, a move likely tied to selling and loan repayment, Onchain Lens reports. The address holds 4,000 cbBTC (approximately $269 million), 120,380 stETH (approximately $243 million) and 29,727 WETH (approximately $60.16 million). It has also borrowed $97.26 million in USDT from Aave.