F2Pool co-founder Wang Chun said at 2 a.m. on Aug. 20 that the crypto bear market had ended. An early important figure in the cryptocurrency industry, Wang had previously accumulated about 70,600 ETH worth approximately $117 million and 966 WBTC worth about $60.29 million in June. During the market rebound in July, he transferred 36,600 ETH and 160 WBTC to Binance, with the trades estimated to have generated a profit of $3.4 million.