Falcon Super Whale Overview Preview: Data snapshot taken on 2025/8/9 06:00 (UTC+8) 1/Data Overview 1.1 Currently, the address 0x0f20...3ee4 firmly holds the top spot on the Falcon leaderboard with over 5 billion points, more than double that of the second place. The strategy of this whale/institution is very simple: hold USDf without moving, earning points passively every day. Analyzing this address, we find: On 5.15, it received 122.7 million USDf minted by Falcon. On 7.17, it left only 20 million USDf in ETH, transferring the remaining 102.7 million USDf in 8 transactions via CCIP to BSC. Subsequently, this whale transferred over 100 million USDf to 10 addresses, distributing 8M to 12M each. These USDf have not been subjected to any other operations; they are simply held. This address and its distribution addresses hold a total of 10.59% of the USDf! (However, currently, holding coins on BSC does not earn points; perhaps the whale has some unique ideas 🤔) 1.2 #7 Address 0xe97e...b01b After receiving 176.4 million USDf minted on 7.28, there have been no actions; this address is rapidly accumulating Miles at a rate of over 1 billion per day. 1.3 #8 Address 0xddbf...4929 is similar: On 5.22, it minted 41.5 million USDf and then transferred 19.5 million to another address, also holding it without moving. 2/Summary: The top ten addresses on the leaderboard exhibit highly similar behaviors, collectively holding 340,632,042 USDf, accounting for 29.41% of the current total! Reasonable Analysis: These minting figures, both large and small, combined with the BTC-dominated reserves in Falcon, reasonably suggest that the actual controllers of the above addresses are minting USDf with BTC as over-collateralization. It seems that Falcon's investors have quite substantial financial strength 🧐