PANews reported on February 5 that, according to Onchain Lens monitoring, a large transaction deposited 10,128 ETH (worth $20.44 million) into the Galaxy Digital and FalconX platforms, resulting in a paper loss of $44.2 million.

The party initially withdrew 17,836 ETH worth $79.77 million from the OKX exchange and currently still holds 7,709 ETH worth $15.13 million.