Data: F2Pool co-founder Wang Chun may reduce holdings of 12,765 ETH to lower leverage

According to on-chain analyst Yu Jin's monitoring, the F2Pool co-founder Wang Chun's address may have reduced some ETH in the past 3 days of the rising market to lower leverage.

The address first transferred 12,765 ETH (approximately 28.73 million USD) to Binance, and then withdrew 87.68 million USDC to repay its loan on Spark.

Currently, the address still holds approximately 65,000 ETH (about 159 million USD) and 1,000 WBTC (approximately 77.18 million USD).