End of HODL: Co-Founder of Once World's Largest Bitcoin Mining Pool Moves Millions in Crypto to Binance
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and U - are covering this story. TL;DR: Prior massive withdrawal: In May and June, Chun Wang withdrew 91,945 ETH ($160M) and 973 WBTC ($61M) to cold wallets and DeFi protocols. Strategy shift: Starting July 2, the F2Pool co-founder initiated continuous deposits to Binance,…
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Bitcoin Mining Giant Co-Founder Moves Millions to Binance, Sparking HODL Fears
TL;DR: Prior massive withdrawal: In May and June, Chun Wang withdrew 91,945 ETH ($160M) and 973 WBTC ($61M) to cold wallets and DeFi protocols. Strategy shift: Starting July 2, the F2Pool co-founder initiated continuous deposits to Binance,…
End of HODL: Co-Founder of Once World's Largest Bitcoin Mining Pool Moves Millions in Crypto to Binance
F2Pool co-founder Chun Wang reverses his two-month accumulation strategy, depositing millions in Ether and wrapped Bitcoin back into Binance hot wallets.