On August 20, F2Pool co-founder Wang Chun stated in a post at 2 AM today that 'the bear market is over.' Wang Chun is a significant figure in the early cryptocurrency industry and a co-founder of F2Pool. Previously, it was reported that in June, Wang Chun gradually bought approximately 70,600 ETH (about $117 million) and 966 WBTC (about $60.29 million) at the bottom of the market. However, during the market rebound in July, he transferred 36,600 ETH and 160 WBTC to Binance, expecting to make a profit of $3.4 million.
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