F2Pool co-founder Wang Chun has bought approximately 65,700 ETH and 966 WBTC since the beginning of this month, valued at around $171 million

Odaily Planet Daily News According to on-chain analyst Yujian monitoring, F2Pool co-founder Wang Chun (@satofishi, 0xF42...b51) withdrew 9,937 ETH (worth $15.5 million) and 147.5 WBTC (worth $8.7 million) from Binance in the past 6 hours today, and subsequently deposited them into Spark. Since BTC fell below $60,000 and ETH fell below $1,700 at the beginning of this month, Wang Chun has successively purchased approximately 65,700 ETH, valued at $111 million, as well as 966 WBTC, valued at $60.29 million, at an average BTC price of about $62,400 and ETH price of about $1,660. Currently, all of his WBTC and about half of his ETH have been deposited into Spark, while the other half of ETH has been deposited into Ethereum staking.