F2Pool co-founder-linked address moves $6.7M in ETH and BTC to Binance

BitcoinWorld F2Pool co-founder-linked address moves $6.7M in ETH and BTC to Binance An on-chain address believed to be connected to Wang Chun, co-founder of F2Pool—the world’s fourth-largest Bitcoin mining pool—has deposited a combined $6.93 million in Ethereum and Bitcoin to the Binance exchange.

According to blockchain tracking service Onchain Lens, the address sent 3,440 ETH, valued at approximately $6.7 million, and 3.51 Wrapped Bitcoin (WBTC), worth roughly $228,000, to Binance in recent transactions.

On-chain activity and market implications Deposits of cryptocurrency to centralized exchanges are widely interpreted by market participants as a potential signal of selling intent.

While not definitive—funds may also be moved for staking, collateral, or liquidity purposes—the pattern is closely watched by traders and analysts.