According to @rovercrc, roughly 40 million USD worth of ETH was moved via FalconX and linked to a larger 171,000 ETH purchase, raising the prospect of renewed institutional accumulation (source: @rovercrc on X). FalconX describes itself as an institutional digital asset prime brokerage offering OTC and block liquidity for institutions (source: FalconX company materials). The post frames the move as buy-side accumulation rather than exchange selling pressure, which he flags as a trading-relevant signal for ETH order flow watchers (source: @rovercrc on X).