On-chain tracking flagged a sizeable transfer tied to F2Pool co-founder Chun Wang. According to Onchain Lens, Wang, whose X handle is @satofishi, deposited 6,009 ETH and 62.31 WBTC to Binance on July 23, with the combined value estimated at about $15.6 million. The ETH portion was valued at roughly $11.56 million, while the WBTC portion was worth around $4.09 million. Onchain Lens said the assets came from several sources: funds withdrawn from Spark Fi, ETH that was unstaked from Lido Finance, and WETH that was swapped into WBTC through CoW Swap. The transaction adds to the stream of whale wallet movements being tracked across major exchanges.
F2Pool co-founder Chun Wang deposited 6,009 ETH and 62.31 WBTC to Binance, with the combined value estimated at about $15.6 million, according to on-chain tracker Onchain Lens on July 23.
The transfer included roughly $11.56 million worth of ETH and about $4.09 million worth of WBTC. Onchain Lens identified Wang by his X handle, @satofishi.
According to the tracking data, the assets came from funds withdrawn from Spark Fi, ETH unstaked from Lido Finance, and WETH converted into WBTC through CoW Swap.
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