F2Pool Co-founder Wang Chun Sells 6,200 wstETH for 18.5 Million USDC During Last Night's ETH Rally

Nov. 5 — According to monitoring by on-chain analyst Yu Jin (Ember), during the rise of ETH from $2,315 to $2,440 between 11 PM and 12 AM last night, the address of F2Pool co-founder Wang Chun sold 6,200 wstETH (equivalent to 7,740.2 ETH) for 18.5 million USDC during the rally, at an average ETH selling price of $2,390, and then transferred the USDC to Binance.