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

NewsFeeds update

On-chain analyst Yu Jin (Ember) monitored that during ETH's rise from $2,315 to $2,440 late last night, F2Pool co-founder Wang Chun's address sold 6,200 wstETH for $18.5m in USDC, equal to 7,740.2 ETH at an average of $2,390, before sending the USDC to Binance.

EthereumOdailyAIBearish

Read the original on Odaily

The story so far: Wang Chun ETH and WBTC moves

An address linked to F2Pool co-founder Wang Chun sold 235.5 WBTC for 7,848.5 ETH, worth about $19 million, and withdrew 5,173.41 ETH, worth about $12.9 million, from Binance. He has now deposited another 2,160 ETH, worth $5.52 million, from F2Pool's Gnosis Safe to Binance. During ETH's rise from $2,315 to $2,440, his…

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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

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