GuShiio.com GuShiio.com learned that according to @EmberCN monitoring, the giant whale/institution that received the most ETH compensation in Genesis Trading’s liquidation claims in August last year may have used part of the 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 into FalconX, but later only retrieved 19.49 million USDC from FalconX. The remaining part of the funds may have been the purchase of the 16.88 million PHAs (US$2.18 million) through FalconX.
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