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Address Swaps $19.31 Million in WBTC for Ether

The address exchanged 235.5 Wrapped Bitcoin for 7,848.5 Ether after prices fell, with Ether valued at $2,460 at the time.

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Anonymous hands move crypto coins between two trays / TokenPost.ai
Anonymous hands move crypto coins between two trays / TokenPost.ai

An address linked to F2Pool co-founder Wang Chun exchanged 235.5 Wrapped Bitcoin (WBTC), valued at $19.31 million, for 7,848.5 Ether (ETH) after prices fell.

The address, identified as 0xF42...2b51, received the Ether in the swap.

Ether was priced at $2,460 at the time, while the ETH-to-Bitcoin exchange rate was 0.03.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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