PANews reported on August 6 that according to Lookonchain monitoring, a wallet of LonglingCapital transferred 20,000 ETH (about 50.3 million US dollars) to the wallet "0x3478" after being untouched for nearly two years. LonglingCapital lost 93,793 ETH (about 114 million US dollars) due to on-chain liquidation when the market crashed on June 14 and 15, 2022.
The wallet "0x3478" also seems to belong to LonglingCapital, which bought 6,000 ETH (about $13.9 million) at the bottom after yesterday's market crash and made about $76 million from ETH.
