F2Pool co-founder Wang Chun withdraws $15.5M in ETH from Binance

Wang Chun, co-founder of F2Pool, the world's fourth-largest Bitcoin mining pool, withdrew 9,937 ETH ($15.5 million) and 147.5 WBTC ($8.7 million) from Binance over the past six hours and deposited the assets into the DeFi lending protocol Spark, EmberCN reported. This month, he has purchased an estimated 65,700 ETH ($111 million) and 966 WBTC ($60.29 million). To date, all of the purchased WBTC and roughly half of the ETH have been deposited into Spark, with the remainder of the ETH allocated to Ethereum staking.