F2Pool co-founder linked address sells $19.3M in WBTC, buys ETH

An address believed to be linked to Wang Chun, co-founder of F2Pool, the world’s fourth-largest Bitcoin mining pool, sold 235.5 WBTC worth about $19.31 million and bought 7,848.5 ETH after a sharp drop in the crypto market, according to EmberCN. Wang had been buying BTC and ETH since late May. The ETH purchase was made at an average price of about $2,460 per token.