Wang Chun-linked address sold 6,200 wstETH during ETH’s move to $2,440

Wang Chun-linked address sold 6,200 wstETH during ETH’s move to $2,440

N
News Editor
2026-11-05 00:55:03
ChainCatcher, citing on-chain analyst Ember, reported that a wallet linked to F2Pool co-founder Wang Chun sold 6,200 wstETH during a sharp rise in ETH late yesterday. The monitored window was between 11 p.m. and midnight, when ETH climbed from $2,315 to $2,440. During that move, the address swapped the 6,200 wstETH for 18.5 million USDC, with an average sale price of $2,390 for ETH. After the sale, the USDC was transferred to Binance. The report was limited to the observed on-chain activity and the transaction details disclosed by the analyst.

According to ChainCatcher, citing on-chain analyst Ember, a wallet linked to F2Pool co-founder Wang Chun sold 6,200 wstETH during ETH’s late-night rise yesterday.

Between 11 p.m. and midnight, ETH climbed from $2,315 to $2,440. During that move, the address exchanged the 6,200 wstETH for 18.5 million USDC, with an average ETH sale price of $2,390.

Afterward, the USDC was transferred to Binance.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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Wang Chun-linked address sold 6,200 wstETH during ETH’s move to $2,440 | Bit.Fan