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Woofun AI on-chain data shows that a wallet linked to F2Pool co-founder Wang Chun has aggressively accumulated ETH through three distinct dip-buying transactions. The entity increased its position by 9,719 ETH on June 5, followed by 17,560 ETH on June 6, and concluded with a purchase of 15,740 ETH on June 12.
Based on the average daily prices at the time of acquisition, these strategic entries have yielded substantial returns as ETH recovered to $1,810. This accumulation strategy has resulted in an estimated unrealized profit of $8.64 million, highlighting the founder's confidence in the asset's near-term trajectory.