F2Pool Co-Founder Wang Chun Accumulates $33.41M in ETH and WBTC

On-chain monitoring now indicates F2Pool co-founder Wang Chun may hold over $33.41 million in ETH and WBTC across flagged wallets. The latest development follows his June 19 withdrawal of 7,650 ETH and 124.18 WBTC, valued at $20.67 million, from Binance into the Spark lending protocol. Earlier May and early-June transfers of roughly 7,461 ETH and $28.67 million in ETH to the same platform contributed to the growing position. The activity aligns with broader 2026 flows exceeding $50 million from exchanges into Ethereum DeFi, though attribution remains unconfirmed and no official statement has been issued. F2Pool’s control of 10-11% of Bitcoin hashrate adds market relevance to the dual-asset accumulation.