Chinese Ethereum whale “0x31aa” sold 5,000 ETH ($12.11M) on June 21, 2025, amid a 4.2% price drop to $2,418, signaling bearish sentiment.
Longling Capital, a Chinese investment firm, has once again garnered attention in the cryptocurrency market as it proceeds with a significant Ethereum (ETH) sale. Earlier today, the organization sold 5,000 Ethereum tokens (ETH) for $21.56 million to secure profits. The firm’s extensive history of disciplined liquidations, which have yielded remarkable financial results in the past two years, is further enhanced by this most recent transaction.
Lookonchain reveals Longling Capital’s Ethereum Sale
Lookonchain, an on-chain analytics platform, reported that Longling Capital initiated the $21.56 million transaction by depositing 5,000 ETH to an exchange. This acquisition is a component of a broader, more strategic initiative that the organization has been developing in collaboration with Ethereum since 2022. Their approach is to sequence deposits and withdrawals to generate market gains strategically.
Binance’s substantial decrease of 123,405 ETH catalyzes the initiative. The holdings were valued at approximately $290 million at the time of acquisition, with an average price of $2,349. Longling Capital retained the assets for various periods, which was sufficient before trading them. The firm was able to capitalize on favorable pricing trends by adopting a time-oriented approach rather than a frequency-oriented approach.
Lookonchain’s findings emphasize that such actions demonstrate more than mere profit-taking when executed with meticulous planning. Instead, it reflects the level of sophistication and discipline that Longling Capital’s Ethereum strategy possesses.
An Examination of Longling Capital’s Ethereum Strategy
The recent sale of 5,000 ETH was merely one of the many extensions of the profit-taking exercise at Longling Capital. Over time, the firm has re-deposited substantial quantities of its holdings to the exchanges, converting earlier positions into realized gains. It is also a highly effective structured approach to ensuring wealth accumulation.
Longling Capital’s deposit of 70,800 ETH at an average price of $3,502 was a significant milestone. The transaction generated approximately $248 million. This transaction alone generated an estimated profit of $184 million compared to the previous acquisition price. These figures underscore the extraordinary results of precise timing in conjunction with patience.
The company did not retain its profits in its accounts. Instead, it capitalized on this opportunity to capitalize on the market’s available returns whenever feasible. This focused implementation facilitates financial growth and ensures liquidity for future investment opportunities.
Potential Market Repercussions of the Ethereum Sale
Longling Capital’s approach provides valuable insights for both institutional and individual investors. The fundamental concepts are straightforward: monitor markets, acquire assets in favorable conditions, and generate profits as prices increase. The actions contribute to the reduction of risk and the realization of the highest possible returns.
The scale may differ for lesser investors, but the method can still be implemented. Acknowledging the cycle, eliminating emotional decisions, and establishing profit objectives can assist in achieving superior outcomes in volatile markets, such as the Ethereum price.
Regarding the market impact, the sale of 5,000 ETH alters the market but does not entirely disrupt it due to Ethereum liquidity. Analysts interpret it as a profit-taking signal rather than a bearish one. Longling Capital’s operations underscore the significance of systematic asset management by employing solid principles to generate substantial profits in the cryptocurrency trading market.
