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F2Pool co-founder Chun Wang deposits more ETH and WBTC to Binance

F2Pool co-founder Chun Wang deposits more ETH and WBTC to Binance

After withdrawing about 91,945 ETH and 973 WBTC to private wallets and DeFi in May and June, Wang continued July transfers back to Binance, including roughly $6.7 million to $6.9 million in ETH and WBTC.

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ETH
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Fact Check
The original Onchain Lens post confirms Chun Wang deposited ~$6.73M (3.44K ETH + 3.51 WBTC) to Binance on 2026-07-27, matching the claim's headline figures exactly. CoinNess additionally confirms the accumulation since late May and the prior $11.56M ETH exchange deposit on July 23. TheBlockBeats corroborates the deposit and accumulation context. Multiple independent secondary reports align on the same numbers and date.
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Summary

Chun Wang, co-founder of F2Pool, has continued sending crypto to Binance after moving large amounts off exchanges in May and June, according to on-chain trackers. Recent deposits included about 3,440 ETH and 3.51 WBTC, valued at roughly $6.7 million to $6.9 million depending on the pricing snapshot, while Arkham separately recorded a July 27 inflow of 3,345 ETH worth about $6.5 million. Onchain Lens said the wallet had been accumulating BTC and ETH since late May and had also deposited $11.56 million of ETH to an exchange on July 23. Traders often monitor exchange inflows because they can precede selling, treasury transfers, or other trading activity, but on-chain data alone does not confirm Wang's intent.

Terms & Concepts
  • WBTC: Wrapped Bitcoin, a tokenized version of Bitcoin on another blockchain, commonly Ethereum.
  • DeFi: Crypto-based financial applications and protocols used outside centralized exchanges.
  • Onchain Lens: A blockchain analytics tracker that monitors wallet activity and large transfers.