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PANews, citing monitoring by Ai Yi, reports that Wang Chun proposed 3996 ETH; after staking it with Lido, the wstETH obtained will be deposited into Spark.
F2Pool co-founder Wang Chun proposed 3996 ETH and staked them on Lido
PANews November 11 reports that, according to on-chain analyst Ai Yi's monitoring, F2Pool co-founder Wang Chun proposed 3996 ETH four hours ago, worth approximately 8230000 USD. These ETH were subsequently staked in Lido, and the wstETH obtained was then deposited into the Spark protocol.
Source: https://www.panewslab.com/zh/articles/01a1cada-2b99-7226-bf16-3b7811be37d1
PANews reported on November 11, citing monitoring by on-chain analyst Aunt Ai.
The report refers to Wang Chun as the co-founder of F2Pool (Fish Pool).
According to the report, Wang Chun proposed 3996 ETH, worth about 8230000 USD, four hours before the time mentioned in the report.
According to the report, this batch of ETH was then staked into Lido, and the wstETH obtained was deposited into the Spark protocol.
The following is analysis, separate from reported facts. Verify important claims independently.
This report describes an asset operation path: withdraw ETH, stake it on Lido, and then deposit the resulting wstETH into Spark. The original text does not specify where the ETH is withdrawn from, nor does it explain the specific use of the funds after they are deposited into Spark.
The focus of this news report is on the flow of assets described in the report, rather than on confirmed trading activity or price signals.
Do not interpret “deposit ETH” as selling, nor interpret depositing Spark as borrowing; the original text does not provide this information.
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