F2Pool Co-founder WangChun Address Suspected of Adding ETH and WBTC Worth About $33.41 Million in 15 Hours

F2Pool Co-founder WangChun Address Suspected of Adding ETH and WBTC Worth About $33.41 Million in 15 Hours

N
News Editor
2026-06-20 01:35:26
On-chain tracker Ai Yi said addresses associated with F2Pool co-founder WangChun appear to have accumulated ETH and WBTC over the past 15 hours, with the total value rising to about $33.411 million.
F2PoolWangChunETHWBTCBinanceSpark

On-chain tracking account Ai Yi (@ai_9684xtpa) posted on X that addresses associated with F2Pool co-founder WangChun (@satofishi) appear to have continued accumulating ETH and WBTC over the past 15 hours. According to the update, the total value of the suspected purchases has increased to about $33.411 million. The post focuses on wallet activity involving Ethereum, Wrapped Bitcoin, withdrawals from Binance, and deposits into Spark.

Ai Yi said the associated address was suspected of adding 11,448.4 ETH, worth about $19.35 million, with an average withdrawal price of $1,690. The same update also listed a suspected increase of 224.66 WBTC, worth about $14.05 million, with an average withdrawal price of $62,554.14. Together, those two figures match the updated total of roughly $33.411 million cited in the post.

Withdrawals From Binance and Deposits Into Spark

In an earlier update referenced in the same post, Ai Yi wrote that an address linked to F2Pool co-founder WangChun seemed to be building positions in ETH and WBTC. The account said that, over the previous four hours, address 0xF42…f2b51 withdrew 7,650 ETH and 124.18 WBTC from Binance. The combined value of that batch was given as $20.666 million, and the assets had already been deposited into Spark.

The wallet was shown through an Arkham explorer link in the source post, displayed as arkm.com/explorer/addre… in the public text. Because the original X post used a shortened form, the full wallet link was not visible in the provided text. The later update expanded the tracked total from the earlier four-hour movement to a 15-hour tally, bringing the suspected accumulated amount to $33.411 million.

Updated ETH and WBTC Totals

Compared with the earlier record of 7,650 ETH and 124.18 WBTC, the later figures rose to 11,448.4 ETH and 224.66 WBTC. Under Ai Yi’s stated calculation, the ETH portion was valued at about $19.35 million, while the WBTC portion was valued at about $14.05 million. The post also gave the corresponding average withdrawal prices as $1,690 for ETH and $62,554.14 for WBTC.

The X post was timestamped at 1:34 on June 20, 2026, and showed 8,538 views and 9 replies in the provided content. The post also included promotional text mentioning Bitget, Crypto, U.S. stocks, and CFDs. The central details of the report remain the same: the F2Pool co-founder WangChun, the associated address activity, the ETH and WBTC amounts, the dollar valuations, the average withdrawal prices, and the subsequent transfer of the earlier withdrawn assets into Spark.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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