Longling Capital's related wallet has purchased 5,000 ETH again.

According to Wu's report, Lookonchain has monitored that a wallet associated with Longling Capital (founded by Meitu's Cai Wensheng) has purchased 5,000 $ETH (approximately 12.34 million USD) again 20 minutes ago. The wallet currently holds 68,064 $ETH (approximately 168 million USD) and has borrowed 44 million USDT from Aave. When the market crashed in 2022, Longling Capital was liquidated for 93,793 $ETH (approximately 114.00 million USD).