Longling Capital executed a strategic withdrawal of 10,000 ETH, valued at approximately $30.76 million, from Binance as Ethereum's price dipped below $3,000, marking a 9.7% decline over 24 hours. Following this, the firm borrowed $9 million in USDT on Aave and redeposited it back to Binance. In a related move, a whale withdrew 1.08 trillion PEPE tokens, worth about $18.49 million, from Binance within the last 28 hours. Additionally, another whale withdrew 5.64 million ai16z tokens, valued at $6.37 million, from Gateio and currently holds 15.95 million ai16z tokens worth $17.86 million. The activity among whales suggests a trend of offloading and strategic repositioning amid market fluctuations.