According to the on-chain data tracking service Whale Alert, around 10:46 Beijing time on February 14th, approximately 1,111,100 FXS were transferred from a wallet starting with "0x3510" into Frax, valued at about $9,985,116.
In previous news, Frax Finance announced the launch of its modular L2
blockchain Fraxtal and plans to initiate all incentive systems, liquidity rewards, new FXTL points and airdrop snapshots later this month. At the same time according to UTC time it will conduct a large-scale FXTL point airdrop for veFXS stakers at 23:59 on March 6th.