Ethena has transferred $81.97 million in USDC from its Coinbase Prime custody wallet to FalconX, likely for an over-the-counter (OTC) sell.
This move underscores Ethena's stablecoin transfer patterns and highlights the flow of USDC in OTC transactions within crypto custody wallets.
The transfer was made on August 15th, and it is worth noting that FalconX is a platform known for facilitating OTC trades.
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