A wallet associated with Longling Capital, a cryptocurrency fund founded by Cai Wensheng, has made significant transactions recently. The wallet purchased an additional 5,000 ETH, valued at approximately $12.34 million, bringing its total holdings to 68,064 ETH, worth around $168 million. This wallet also has an outstanding loan of 44 million USDT from Aave. The fund previously faced liquidation of 93,793 ETH, valued at $114 million, during the market crash in 2022. In a separate development, a whale purchased 31,173 AAVE for $4.8 million and subsequently borrowed 2.7 million GHO from Aave, converting it to USDC for further investments. Additionally, there has been notable movement of dormant Bitcoin, with 1,379 BTC, valued at approximately $86.3 million, being transferred after several years of inactivity.