According to Lookonchain, a wallet associated with LonglingCapital transferred 20,000 ETH (worth $50.3 million) to wallet '0x3478' after being inactive for nearly two years. LonglingCapital was previously liquidated on-chain for 93,793 ETH ($114 million) during the market crash on June 14 and June 15, 2022. The destination wallet '0x3478' appears to belong to an undisclosed entity.