Bitcoin Price vs Ethereum Price: F2Pool Co-Founder Bets $19M on Ether
An address tied to F2Pool co-founder Wang Chun sold 235.5 WBTC worth $19.31 million for 7,848.5 ETH right after bitcoin’s overnight drop to $80.5K. It is the latest move in a months-long bet that sees ETH outrunning BTC from here on out. The Swap Explained Onchain analyst EmberCN flagged the trade early on Oct. 9 […]
Key Takeaways
- An address tied to F2Pool co-founder Wang Chun sold 235.5 WBTC worth $19.31 million for 7,848.5 ETH right after bitcoin’s overnight drop to $80.5K.
- It is the latest move in a months-long bet that sees ETH outrunning BTC from here on out.
- The Swap Explained Onchain analyst EmberCN flagged the trade early on Oct.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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