Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto
Crypto21:06
CZ Emphasizes Strict Private Key Isolation for Hardware Wallets
Macro21:06
US Small Business Bankruptcies Surge to Records as Inflation Persists
Crypto
Institutional Wallet Linked to Fundstrat Accumulates $50M in ETH
11/29/2025, 17:36
AI SUMMARY
●Fundstrat-linked wallet receives $50.1M in ETH from FalconX
●Move signals potential institutional accumulation of Ethereum
●Traders observed rotating capital into ETH and HYPE longs
On-chain data provider Lookonchain reports that a wallet likely associated with Tom Lee's Fundstrat (Bitmine) has received 16,693 ETH, valued at approximately $50.1 million, from FalconX. This significant transfer suggests continued institutional interest and accumulation of Ethereum.
In related market movements, another prominent trader was observed closing a losing long position on $MON to flip short, while simultaneously opening leveraged long positions on ETH and HYPE, indicating a shift in capital rotation among active on-chain traders.