ChainCatcher reported that F2Pool co-founder Wang Chun wrote that the bear market is over. The same outlet previously said he bought about 70,600 ETH worth roughly $117 million and 966 WBTC worth about $60.29 million in June. During the July rebound, he also transferred 36,600 ETH and 160 WBTC to Binance, with an estimated profit of about $3.4 million. The report does not add any further details beyond those figures and transactions.
ChainCatcher reported that F2Pool co-founder Wang Chun wrote, "the bear market is over."
The same outlet previously reported that Wang Chun bought about 70,600 ETH, worth roughly $117 million, and 966 WBTC, worth about $60.29 million, during June.
When prices rebounded in July, Wang Chun also sent 36,600 ETH and 160 WBTC to Binance. The report said his estimated profit was about $3.4 million.
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