Onchain monitoring account OnchainLens said on July 15 that F2Pool co-founder Wang Chun moved 4,950 ETH, valued at about $9.53 million, into Binance after unstaking WETH through Lido. The transfer was cited by BlockBeats in a short market update. The report said the move came after the assets were withdrawn from Lido and then sent to the exchange, where they were described as potentially headed for sale. No additional details on timing beyond the July 15 update, execution price, or any completed sale were disclosed in the source material. The key facts in the report are the wallet activity, the amount transferred, the estimated dollar value, the use of Lido for unstaking, and the destination exchange Binance.
On July 15, OnchainLens said F2Pool co-founder Wang Chun transferred 4,950 ETH, worth about $9.53 million, to Binance after unstaking WETH through Lido.
BlockBeats, citing the on-chain monitoring update, said the transfer appeared to suggest a possible sale.
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