An institution increased its holdings by more than 47,000 ETH in three days, and the accumulated floating loss has reached 36.68 million US dollars

According to Spot On Chain monitoring, an institution used 112.96 million USDC during the recent 3-day market correction period to buy 47,070 ETH at an average price of $2400. In the past 11 days, the institution has invested a total of $333.78 million through platforms such as Wintermute and Coinbase to purchase 132,535 ETH, with an average position price of $2518. The current unrealized loss is approximately $36.68 million (-11%), with the previous profit of over $30 million facing the risk of being given back.