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Wang Chun withdraws 3,996 ETH and stakes it, analyst says

NewsFeeds update

F2Pool co-founder Wang Chun withdrew 3,996 ETH, worth $8.23m, four hours before the report, on-chain analyst @ai_9684xtpa says. He then staked it with Lido and deposited the wstETH into the Spark protocol.

EthereumChainCatcherAIBullish

Read the original on ChainCatcher

The story so far: Wang Chun ETH and WBTC moves

An address linked to F2Pool co-founder Wang Chun sold 6,200 wstETH for $18.5m USDC at an average of $2,390. He bought back 5,246 ETH over two days at an average of $2,054, worth $10.8m, and has now bought another 5,746 ETH worth about $11.1m.

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  1. Wang Chun address sells 235.5 WBTC for 7,848.5 ETH, Ember says

  2. F2Pool co-founder Wang Chun swaps WBTC for ETH, on-chain analyst says

  3. F2Pool's Wang Chun deposits 2,160 ETH worth $5.52m to Binance

  4. F2Pool co-founder Wang Chun's address sells 6,200 wstETH for $18.5m USDC

  5. Wang Chun withdraws 3,996 ETH and stakes it, analyst says

  6. Wang Chun buys back 5,246 ETH at average price of $2,054

  7. Wang Chun buys another 5,746 ETH worth about $11.1m

More Ethereum updates

  1. Wang Chun buys another 5,746 ETH worth about $11.1m

    EthereumOdailyAIBullish

  2. BTCS sells ETH at a loss to avoid liquidation as $1,700 is flagged as key level

    EthereumBloomingbitAIBearish

  3. BTCS sells ETH below cost to manage Aave loan health, theoretical liquidation near $1,717

    EthereumOdailyAIBearish

Every Ethereum update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.