TLDR
- Longling Capital, a prominent Chinese Ethereum whale, sold 5,000 ETH worth $21.56 million as part of its ongoing strategy.
- The firm has been executing a calculated approach to Ethereum since 2022, timing deposits and withdrawals for maximum profits.
- Longling Capital previously acquired 123,405 ETH from Binance, valued at around $290 million, and held it for extended periods before selling.
- The recent sale of 5,000 ETH follows earlier profitable moves, including a major deposit of 70,800 ETH, which earned a $184 million profit.
- Despite the sell-off, analysts do not view the sale as a bearish signal but rather a profit-taking maneuver by the Ethereum whale.
Longling Capital, a prominent Chinese investment firm, has sold 5,000 Ethereum (ETH) worth approximately $21.56 million. The sale comes as part of the firm’s ongoing strategy to capture profits from market fluctuations. According to on-chain data, Longling Capital deposited the 5,000 ETH to an exchange, triggering the sale.
This transaction is one of many that demonstrate the firm’s long-term strategy with Ethereum. Longling Capital has consistently bought and sold ETH in a calculated manner since 2022, aiming to capitalize on market conditions. The firm’s approach includes precise timing for deposits and withdrawals, designed to maximize returns on Ethereum holdings.
Longling Capital’s Strategic Ethereum Moves
Lookonchain’s analysis reveals that Longling Capital’s most recent sale is part of a broader strategy involving Ethereum. The firm had previously acquired large amounts of ETH, including a notable purchase of 123,405 ETH from Binance at an average price of $2,349. This acquisition, valued at approximately $290 million, was held by Longling Capital over extended periods before being traded for profits.
Longling Capital sold another 5,000 $ETH($21.56M) today to take profits.
They are good at swing trading $ETH — buying low and selling high.
Over the past 2 years, they withdrew 123,405 $ETH($290M) from #Binance at an average price of $2,349, then deposited 70,800 $ETH($248M)… pic.twitter.com/rVyq7CgQY3
— Lookonchain (@lookonchain) August 19, 2025
Further demonstrating the firm’s disciplined strategy, Longling Capital recently redeposited 70,800 ETH at a price of $3,502. This transaction alone brought in an estimated profit of $184 million. “Such transactions highlight Longling Capital’s ability to combine patience with market timing for substantial profits,” said an analyst from Lookonchain.
Ethereum Whale Impact on Market Sentiment
The ongoing sale of Ethereum by Longling Capital has sparked interest among market observers. While some analysts view the 5,000 ETH sale as a profit-taking move, it does not indicate a bearish trend. According to crypto analyst Ted, Ethereum’s current support level is at $4,219. He believes that Ethereum could see a recovery if it maintains this level, with the next resistance at $4,474.
$ETH is holding $4,219 support.
If we hold, we'll probably recover and move to $4,474 resistance.
A dip in liquidity around $4,000 before going up is likely.
Ethereum to $5,000 is imminent. pic.twitter.com/hzUE9LQ4SV
— Ted (@TedPillows) August 19, 2025
This methodical approach to Ethereum trading demonstrates the effectiveness of strategic asset management. Longling Capital continues to take advantage of market fluctuations while ensuring liquidity for future opportunities. The Ethereum whale’s actions remain a key point of focus for both institutional and individual investors, illustrating the ongoing significance of well-timed trades in the crypto market.
