🚨 Urgent, Longling Capital transfers $ETH to the exchange for the first time in nearly six months!
🕐 One hour ago, Longling's wallet address transferred 5,000 $ETH (~12.76 million USD) to @binance — the first time since December 7, 2024, when ETH was near its peak.
📉 However, this number of 5k ETH is quite small compared to their total holdings, as they have continuously DCA'd negatively during the price decline from the beginning of the year until now. It seems that Longling is starting to take profits bit by bit.
🔍 Close observation of the chart shows that at the previous peak, they sold a lot with the intention of “selling the peak.” Currently, the action of transferring ETH to the exchange gradually indicates that they are optimizing profits in line with the upward trend of ETH, not too bearish but still very noteworthy.
❓ Is Longling waiting for the moment when ETH approaches the peak of this bullish wave? Let's keep an eye on it! 🤔
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