Longling Capital, a major player in the crypto sector, has made significant moves in the market. They recently withdrew 10,001 ETH worth $19.16 million from Binance, shortly after depositing 21,000 ETH worth $38.81 million. This transaction has sparked investor attention and raised discussions about potential trading activities or strategic market shifts. In June 2022, Longling Capital experienced one of the largest on-chain liquidations, with 93,793 ETH worth $114 million. While the company currently has a healthy rate and protection from current market conditions, a significant price decrease may put their assets at risk. Observers are eager to see if Longling Capital is preparing for further strategic changes.
Content Editor ( blockchainreporter.net )
- 2025-03-12
Longling Capital Makes New ETH Withdrawals, After a $114M Liquidation in 2022
