The institution's address recently spent $333.78 million to purchase 132,535 ETH, with an unrealized loss of $36.68 million.

2025-06-23 11:21

BlockBeats News, June 23rd, according to Spotonchain monitoring, during the recent three-day market downturn, a certain institutional address spent 1.1296 billion USDC to average down 47,070 ETH at an average price of $2,400.

Over the past 11 days, it has spent a total of $3.3378 billion through OTC transactions with Wintermute and Coinbase to buy 132,535 ETH, at an average price of $2,518, currently facing a $36.68 million (-11%) unrealized loss.

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