PANews reported on December 19 that according to Lookonchain monitoring, a smart whale that may be related to Longling Capital bought 6,000 ETH after the ETH price fell. The whale is known for its buy low and sell high strategy, with a cumulative profit of $83 million. Since May 8, 2023, the whale has purchased 75,400 ETH (worth $180.4 million) at an average price of $2,392 and sold 50,800 ETH (worth $172.8 million) at an average price of $3,401.
The suspected Longling Capital address increased its holdings of 6,000 ETH after the ETH price fell, with a historical profit of $83 million
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