The giant whale/institution that received the most ETH compensation in Genesis Trading liquidation claims may have bought 16.88 million PHA 7 hours ago

PANews March 8th news, according to on-link analyst Ember Monitor, the giant whale that received the most ETH compensation in Genesis Trading liquidation compensation in August last year may have used part of its funds to purchase PHA after selling 40,000 ETH: 16.88 million PHAs (US$2.18 million) were received from FalconX 7 hours ago.

The giant whale/institution last transferred 10,000 ETH to FalconX, and then only brought back 19.49 million USDC from FalconX. The remaining part of the funds may be the purchase of these 16.88 million PHAs ($2.18 million) through FalconX.