Ember: Fishpool co-founder Wang Chun's address sold approximately 6,200 wstETH
Original headline余烬：鱼池联创王纯地址卖出约 6200 枚 wstETH
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F2Pool co-founder Wang Chun’s address sold roughly 6,200 wstETH, equivalent to about 7,740.2 ETH, during an ETH rally, converting the tokens into approximately $18.5 million USDC at an average ETH-equivalent price near $2,390 before moving the stablecoins to Binance. The transaction draws attention because it comes from a prominent mining-pool founder and shifts exposure from a liquid staking derivative into centralized-exchange-held cash. Traders will watch whether the USDC is deployed into new positions or withdrawn, and whether other large wstETH holders follow with similar de-risking moves.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Wang Chun, wstETH, F2Pool, ETH (ETH), USDC, Binance
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