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Wallet linked to 鱼池 co-founder swaps 6,200 wstETH for $18.5M USDC amid Ether price rise

Analyst Insights
06 Nov 2026, 04:00 WIB
Tokenpost
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Neutral
Wallet linked to 鱼池 co-founder swaps 6,200 wstETH for $18.5M USDC amid Ether price rise

An on-chain analyst identified a wallet connected to 鱼池 co-founder 王纯 that exchanged 6,200 wrapped staked Ether (wstETH) for 18.5 million USDC. This transaction occurred as Ether's price rose from $2,315 to $2,440, with the swap averaging $2,390 per ETH equivalent. The 6,200 wstETH represented 7,740.2 ETH, and the resulting USDC was then transferred to the Binance cryptocurrency exchange. This move highlights significant asset reallocation during a period of rising Ether prices.

As of Nov 06, 2026 09:21 WIB, Binance Coin (BNB) is priced at Rp12.532.730 on Pluang, showing a 3.72% decline over the past day. Despite the recent notable transaction involving wrapped staked Ether and USDC, BNB's market activity remains active with a 24-hour trading volume of Rp31,21 trillion and a market cap of Rp1.650,21 trillion. The platform data highlights a balanced investor interest with 59% buy orders and a typical holding period of 90 days.

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