Summary
- The suspected Longling Capital address reportedly purchased an additional 10,000 Ethereum.
- The address holds a total of 54,005 ETH with an average purchase price of $2,433.
- It is currently recording an unrealized loss of $30.48 million.
A suspected address of Chinese investment firm Longling Capital has reportedly purchased an additional 10,000 Ethereum (ETH).
On the 11th (local time), ai_9684xtpa revealed via X that "a suspected Longling Capital address has purchased an additional 10,013 ETH (approximately $18.65 million)" and that "the address currently holds 54,005 ETH ($131 million)." They added, "They have been continuously purchasing Ethereum since December last year, lowering their average purchase price to $2,433," and "they are currently experiencing an unrealized loss of $30.48 million."
As of 3:56 PM, Ethereum is trading at $1,859 on Binance's USDT market, down 1.70% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
