Digital asset broker FalconX has announced plans to expand to Hong Kong as institutional demand for cryptocurrency assets in the region grows. The company stated in a Thursday statement that it plans to offer over-the-counter brokerage and crypto derivative services to professional investors in Hong Kong, including proprietary trading firms, family offices, and fund managers.

According to blockchain data tracking service Whale Alert, at around 22:44 on January 19th Beijing time, 100 million USDC were transferred from an address starting with "0xa995" to FalconX, with a value of approximately $100,116,083.

According to Lookonchain's monitoring in the past week, FalconX has withdrawn a total of 10 million IMX ($12.14 million), 3.4 million LDO ($7.4 million), and 4.23 million MATIC ($3.86 million) from Binance.

According to Lookonchain monitoring, before the rise of BTC today, FalconX extracted 30.5 million USDC from Circle and deposited it into Binance. Since September 1st, FalconX has extracted a total of 428 million USDC from Circle, most of which has been deposited into exchanges.

According to monitoring, 15,000 MKR (approximately $24,197,681) was transferred from an unknown wallet to FalconX.

According to Lookonchain monitoring data, FalconX has withdrawn 2.5 million LDO (4 million US dollars) from Binance again in the past 6 hours. FalconX has accumulated a total of 9.18 million LDO (14.7 million US dollars) from Binance in the past 9 days.

According to Lookonchain monitoring, on October 13th, cryptocurrency broker FalconX again withdrew 1.23 million LDO worth $1.86 million from Binance. Over the past 5 days, FalconX has withdrawn a total of 6.48 million LDO (approximately $9.8 million) from Binance.