Lookonchain and BlockBeats reported large ETH withdrawals and broader ETH and WBTC accumulation by a wallet linked to F2Pool co-founder Wang Chun, alongside a separate 10,000 ETH Binance withdrawal by K3 Capital.
Large holders appeared to keep adding to crypto positions on June 19, with Lookonchain reporting two Binance withdrawals totaling 17,650 ETH worth about $29.85 million and BlockBeats, citing on-chain analyst Ai Yi, reporting further accumulation by a wallet linked to F2Pool co-founder Wang Chun. Lookonchain said K3 Capital withdrew 10,000 ETH worth about $16.92 million, while a Wang Chun-linked wallet withdrew 7,650 ETH worth about $12.93 million from Binance over the prior two hours. Separately, BlockBeats said the same linked address added 11,448.4 ETH worth about $19.35 million at an average withdrawal price of about $1,690 and 224.66 WBTC worth about $14.05 million at about $62,554.14 over the past 15 hours, bringing those reported purchases to about $33.411 million. Traders often watch exchange outflows and large on-chain accumulation for clues on sentiment and positioning, though wallet-link analysis does not by itself confirm trading intent.