Wang Chun's ETH Comeback: Sold High, Now Buying Back Cheaper.
Interesting timing from F2Pool co-founder Chun (@satofishi).
About a week ago, he parted ways with 6,200 wstETH, worth roughly $18.5 million, when $ETH was trading around $2,400. Fast forward to now, and he's quietly making his way back in.
Over the past 48 hours, Chun has picked up 5,246 ETH, spending approximately $10.78 million at an average price of $2,054.
So, after selling a sizeable chunk near $2,400, he's now accumulating #ETH at a much lower level. Looks like he's taking advantage of the pullback rather than sitting on the sidelines.
Definitely one wallet worth keeping on the radar.
Wallet: 0xF42BcFD3dd5fcdd984d24FD2787383195C7f2b51