Chinese Ethereum Whale Sells 5,000 ETH As Sell-Off Continues

Chinese investment firm Longling Capital has once again been put into the spotlight within the cryptocurrency market as it proceeds with a major sale of Ethereum (ETH). The firm sold 5,000 ETH worth $21.56 million earlier today, in a bid to secure profits. This latest transaction adds to the firm’s long record of disciplined liquidations, which have delivered impressive financial results over the past two years.