A well-known institutional research department continued to significantly increase its Ethereum holdings today, with a total purchase of 27,598 ETH in a single day, worth approximately $83.05 million. According to statistics, the institution's publicly disclosed holdings have increased to 607,598 ETH, with an average cost basis of $3,111.07.



It is worth noting that this current investment has an unrealized loss of $117 million on paper. Despite short-term pressure, the ongoing accumulation indicates confidence in Ethereum's long-term prospects. During market volatility, the continuous buying by large investors often attracts market attention—whether it is a bottom-fishing signal or a long-term allocation strategy has become a hot topic among investors.
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NFTRegrettervip
· 5h ago
Big institutions are pouring so much money in, yet there's still a loss of over 100 million... I just can't figure it out.
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ConfusedWhalevip
· 5h ago
1.17 billion USD unrealized loss still being swept? This big player really has a big heart. --- Losing so much and still daring to add positions, either they are really optimistic or just throwing a tantrum, huh. --- 27598 coins in one go? This move looks like giving retail investors a confidence boost. --- Why does it feel like this big player’s move is hinting—are they about to bottom out at the current price? --- Long-term prospects look good, but who wouldn’t be worried with such a big unrealized loss right now? --- Still, as I said, institutional buying doesn’t necessarily save your coins. --- Wait, why is the average cost 3111? It’s been falling for a while, hasn’t it? --- Swept up over 600,000 coins? What if they suddenly dump the market in a counterattack? --- Unrealized loss of 1.17 billion USD and still holding on tightly, their obsession is a bit deep.
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GasGoblinvip
· 5h ago
The big players are still sweeping, is this the rhythm of pushing the market up? Still daring to buy after losing 117 million, they must be very optimistic... or just pure gambling? Eating 27,598 coins all at once, even retail investors are envious to watch.
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BtcDailyResearchervip
· 5h ago
Unrealized loss of 117 million is still being swept? That's the difference between institutions and us—really unmatched mindset.
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NftBankruptcyClubvip
· 5h ago
Still buying with a floating loss of 117 million? Are you genuinely optimistic or just stubbornly refusing to admit you're trapped?
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BlockchainNewbievip
· 5h ago
Is this move by the big players really a long-term gamble or are they just stubborn after getting caught? Anyway, losing over 100 million and still buying, either they have great confidence in the future or they're just stubborn like a dead duck...
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