According to Foresight News, according to Lookonchain monitoring, a whale address suspected to be related to Longling Capital bought 6,000 ETH worth about US$21.91 million after the ETH price fell.

This address is good at buying low and selling high ETH, with a cumulative profit of $83 million. Since May 8, 2023, this address has bought 75,400 ETH at an average price of $2,392 and sold 50,800 ETH at an average price of $3,401.