A significant cryptocurrency transaction occurred as an OTC whale transferred 23,500 ETH, valued at approximately $47.47 million, to FalconX. The transfer is intended for sale and loan repayment purposes. The whale's current holdings include 4,000 cbBTC worth about $269 million, 120,380 stETH valued at approximately $243.27 million, and 29,727 WETH totaling around $60.16 million. Additionally, the whale has an outstanding loan of 97.26 million USDT from Aave.