Longling Capital Sells 7,000 ETH — Watch for Near‑Term Selling Pressure

I note that a Longling Capital–linked address sold 7,000 ETH, roughly $31.82 million. That size of sale can create near‑term selling pressure and is worth taking seriously if you hold Ethereum.

I also recognize one large on‑chain sale doesn’t prove intent to long‑term dump — it could be a liquidity raise, tax/rebalancing event, or movement between controlled wallets. I’ll watch price action and on‑chain flows for confirmation before assuming a sustained downtrend.