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An institutional address recently spent $333.78 million to buy 132,535 ETH, with a floating loss of $36.68 million

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2025-06-23 03:23:31
According to Spotonchain, in the last three days of market decline, an institutional address spent 112.96 million USDC to increase its holdings of 47,070 ETH at an average price of $2,400.
Over the past 11 days, it has spent $333.78 million buying 132,535 ETH over the counter with Wintermute and Coinbase, with an average price of $2,518, and is currently facing a floating loss of $36.68 million (-11%).
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