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Wang Chun, co-founder of F2Pool, has purchased approximately 65,700 ETH and 966 WBTC since the beginning of the month, worth about $171 million.
Svmuu News: According to on-chain analyst Yu Jin, F2Pool co-founder Wang Chun (@satofishi, 0xF42...b51), has withdrawn 9,937 ETH—worth $15.5 million—and 147.5 WBTC—worth $8.7 million—from Binance over the past 6 hours, subsequently depositing them into Spark.Since the beginning of this month, when BTC fell below $60,000 and ETH fell below $1,700, Wang Chun has gradually purchased approximately 65,700 ETH, worth $111 million, and 966 WBTC, worth $60.29 million,with BTC trading at approximately $62,400 and ETH at approximately $1,660. Currently, all of his WBTC and about half of his ETH have been deposited into Spark, while the other half of his ETH has been staked on Ethereum.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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