Exchanges· ★★· bearish·

F2Pool co-founder Wang Chun deposits $5.52M in ETH to Binance

  • —Wang Chun transferred 2,160 ETH valued at $5.52 million
  • —Funds moved from F2Pool's Gnosis Safe wallet to Binance
  • —The transfer was flagged by on-chain tracker Onchain Lens
Why it matters: A large ETH deposit to an exchange by a major mining-pool founder can signal selling intent and weigh on holder sentiment.
Source: PANews