F2Pool Co-Founder Wang Chun Sells 50 WBTC for $4.21 Million

Wang Chun, co-founder of F2Pool, recently executed a significant transaction involving 50 Wrapped Bitcoin (WBTC). He sold these assets at an average price of $84,316, resulting in a total sale value of approximately $4.21 million. Following this sale, Chun converted the proceeds into USDC and ETH, highlighting a strategic shift in his investment strategy during volatile market conditions. This action has implications for both WBTC and related assets and will be watched closely by industry analysts.