FalconX Exchange Sees Massive Bitcoin Whale Accumulation Surge
Major Bitcoin investors are significantly ramping up their accumulation strategies, with recent data showing substantial inflows into whale wallets through FalconX. One specific address, bc1qgfqhl6ejwexutlfpmnmzl0qtzpyzqg86jn02sv, received 200 BTC ($22.78 million) this week, bringing its total holdings to 1,721 BTC ($196 million) accumulated over the past month.
Two whales collectively acquired approximately 510 BTC in a single day, indicating sustained bullish sentiment among major market participants. The primary wallet absorbed 300 BTC ($34.71 million) on Tuesday alone, while another address added 210 BTC ($24.3 million) to its 10-day total of 466.66 BTC ($54.07 million).
FalconX transaction records highlight the increasing frequency and volume of these high-net-worth movements. The platform's data provides clear insight into the strategies of institutional-grade accumulators during this period of heightened market activity.