🔥 The giant whale begins de-leveraging! Wang Chun turns 127 million ETH out in 3 days—what signal does the market release?
According to on-chain analysts, Wang Chun’s address associated with F2Pool recently will 12,765 ETH, approximately $28.73 million, into exchanges. It was then withdrawn about 87.68 million USDC to repay Spark loans.
The key point of this move is not “how much was sold,” but four words: proactive de-leveraging.
After this round of ETH’s rally, the whale chose to swap part of its assets into stablecoins to repay the loan. In essence, this reduces funding pressure, locks in some gains, and still leaves room to keep positions.
So far, the address still holds about 65,000 ETH and 1,000 WBTC on-chain, indicating this looks more like risk management rather than fully exiting.
Also, Wang Chun previously publicly said “the bear market is over,” and during a market rebound he also made adjustments to part of his assets.
So the biggest takeaway for the market is:
Real big money, the crazier the行情, the more they know how to cut leverage; real trading experts don’t just know how to make money—they also know how to protect profits.
The hotter the market, the less you should get carried away.🔥$BTC $ETH $TUT
According to on-chain analysts, Wang Chun’s address associated with F2Pool recently will 12,765 ETH, approximately $28.73 million, into exchanges. It was then withdrawn about 87.68 million USDC to repay Spark loans.
The key point of this move is not “how much was sold,” but four words: proactive de-leveraging.
After this round of ETH’s rally, the whale chose to swap part of its assets into stablecoins to repay the loan. In essence, this reduces funding pressure, locks in some gains, and still leaves room to keep positions.
So far, the address still holds about 65,000 ETH and 1,000 WBTC on-chain, indicating this looks more like risk management rather than fully exiting.
Also, Wang Chun previously publicly said “the bear market is over,” and during a market rebound he also made adjustments to part of his assets.
So the biggest takeaway for the market is:
Real big money, the crazier the行情, the more they know how to cut leverage; real trading experts don’t just know how to make money—they also know how to protect profits.
The hotter the market, the less you should get carried away.🔥$BTC $ETH $TUT
