F2Pool Co-founder Wang Chun Reduces Leverage and ETH Exposure

On-chain analyst Ember reported that F2Pool co-founder Wang Chun appears to have reduced his leverage and ETH holdings over the past three days. The address transferred 12,765 ETH to Binance, worth approximately $28.73 million, and withdrew 87.68 million USDC to repay loans on Spark. The address still holds 65,000 ETH and 1,000 WBTC.