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Crypto

F2Pool co-founder moves large ETH and WBTC back to Binance

Chun Wang (춘왕), co-founder of F2Pool, is sending large amounts of cryptocurrency back to Binance in July after moving assets off exchanges in May and June. On-chain data showed additional inflows to a Binance hot wallet. He previously transferred about 91,945 ETH and 973 WBTC to non-custodial wallets and DeFi protocols. Recent deposits include 16,800 ETH and 60 WBTC on July 2, 9,800 ETH on July 3, and 3,345 ETH worth about $6.5 million on July 27.

Crypto

BitMart withdrawal delays spark user funds concerns after closure announcement

Concerns are rising over possible withdrawal delays after BitMart announced plans to shut its exchange. The company has halted new sign-ups, deposits and order intake and will end trading services on Aug. 26 before an official closure on Jan. 31, 2027. Some customers and projects say they cannot withdraw funds. On-chain trackers reported asset movements and limited large withdrawal activity. BitMart warned withdrawal reviews could take longer and set KYC and withdrawal request deadlines.

Crypto

Shiba Inu slides after 37 percent two-day surge as whale transactions jump

Shiba Inu (SHIB) fell after jumping 37 percent over two days, as retail investors increased momentum buying while large-holder transactions also surged, U.Today reported. Santiment data showed social media attention and social dominance rose to 0.084 percent, the highest since April, but retail interest peaked as the rise began to slow. The network logged 52 transactions of $100,000 or more in 24 hours, the most since late March. Concentrated holdings include burn and exchange wallets.