CandleFocus

Chinese Company That Is A Master At Finding Bottoms And Tops Bought This Altcoin During The Recent Drop!

The hawkish stance of FED Chairman Jeremo Powell led to a decline in Bitcoin and altcoins. However, some investors saw this as an opportunity and made purchases. Chinese investment firm Longling Capital took advantage of the price drop and acquired 6,000 ETH. The company has previously raised a total of 75,400 ETH and sold 50,800 ETH. A smart whale, believed to be associated with Longling Capital, bought 6,000 ETH and made a profit of $83 million by buying low and selling high. Despite a 5.2% decline in the last 24 hours, Ethereum is currently trading at $3,660.

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