According to TechFlow, according to Lookonchain monitoring, the Longling Capital wallet address transferred 20,000 ETH (50.3 million US dollars) to the 0x3478 wallet after being idle for nearly two years.

Longling Capital was liquidated on-chain during the market crash on June 14 and June 15, 2022, with a liquidation amount of 93,793 ETH (approximately US$114 million).

The 0x3478 wallet appears to belong to Longling Capital, which bought 6,000 ETH (about $13.9 million) at the bottom after yesterday’s market crash and has made about $76 million on ETH.