China's Longling Capital buys 7000 Ethereum

Source
Son Min

Summary

  • It reported that Chinese investment firm Longling Capital purchased 7000 Ethereum (ETH).
  • It said this purchase amounted to about $30.67 million.
  • It said Ethereum is currently trading at $4459 on the Binance USDT market, up 2% from 24 hours earlier.

An address believed to be associated with Chinese investment firm Longling Capital appears to have purchased 7000 Ethereum (ETH).

On the 31st (local time), Lookonchain said on X (formerly Twitter), "About 3 hours ago Longling Capital bought 7000ETH," saying, "this is about $30.67 million."

As of 2:11 PM, Ethereum is trading at $4459 on the Binance USDT market, up 2% from 24 hours earlier.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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