ChainCatcher Latest News: The on-chain data analysis platform Lookonchain has detected a mysterious whale decisively entering the market by purchasing 6,000 ETH during the price drop of ETH. It is reported that this whale may be related to Longling Capital, which is known for buying at low prices and selling at high prices, accumulating profits of up to 83 million dollars.

Since May 8, 2023, this whale has acquired 75,400 ETH at an average price of 2,392 dollars, with a total value of approximately 180.4 million dollars. Meanwhile, it has sold 50,800 ETH at an average price of 3,401 dollars, recovering about 172.8 million dollars. This move demonstrates its precise market judgment and operational strategy.