Suspected Genesis Trading related wallet transferring 30000 ETH within 14 hours or selling

According to a report by Golden Finance, as monitored by blockchain analyst Lookonchain (@ lookonchain), a whale wallet holding over 110000 ETH (approximately $235 million) is suspected to be selling ETH. In the past 14 hours, the wallet has transferred 30000 ETH (approximately $68.55 million) to FalconX and Galaxy Digital, and received 7.76 million USDC from FalconX. This wallet may be related to Genesis Trading.