New Wallet Withdraws 8,450 ETH and 108,000 HYPE From FalconX

New Wallet Withdraws 8,450 ETH and 108,000 HYPE From FalconX

N
News Editor
2026-06-20 00:05:57
Onchain Lens monitored a newly created wallet withdrawing 8,450 ETH worth about $14.4 million from FalconX. The same whale withdrew 108,000 HYPE worth about $7.3 million from FalconX yesterday.
FalconXETHHYPEWhaleOn-chain Monitoring

According to Odaily, on-chain monitoring service Onchain Lens recorded that a newly created wallet address withdrew 8,450 ETH from FalconX. The amount was valued at approximately $14.4 million. The report did not disclose further identifying details about the address and described it only as a newly created wallet.

Two withdrawals totaled about $21.7 million

The same whale address also withdrew 108,000 HYPE from FalconX yesterday, with that transaction valued at approximately $7.3 million. Based on the values stated in the report, the two withdrawals together amounted to around $21.7 million and involved two crypto assets: ETH and HYPE.

The information came from Onchain Lens monitoring and was published by Odaily in a newsflash. The report included the withdrawal amounts, their corresponding U.S. dollar values, and the related platform, FalconX. In on-chain reporting, a withdrawal generally refers to assets moving from a platform-related address to an external wallet address. The report did not provide additional information about subsequent transfers, transaction purpose, or the wallet holder’s identity.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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