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F2Pool Co-founder Wang Chun Reduces ETH Holdings by 6,609

Wang Chun, co-founder of F2Pool, has reduced his ETH position by 6,609 ETH, worth approximately $16.63 million. This move continues a trend of selling by the prominent miner.

Original source

AI take

A mining-pool co-founder trimming ETH is less a directional call than a reminder that large, identifiable holders remain a visible supply overhang in this market. The repeated nature of the selling matters more than the single transaction, since it suggests a deliberate, staged reduction rather than a one-off move. Whether other prominent mining-linked wallets follow the same pattern is the open question worth watching.

Generated by AI for reference only.

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