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A whale dormant for over a year deposited 625 BTC to FalconX, with an unrealized loss exceeding $20 million.

2026.07.30 - 07:04
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TechFlow news, July 30: According to on-chain analysis platform Lookonchain (@lookonchain), a whale at address bc1qyr deposited 625 BTC (approximately $39.96 million) into institutional trading platform FalconX after being dormant for over a year, suspected of preparing to sell. During the whale's holding period, the BTC price fell, with unrealized losses exceeding $20 million.

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