A certain research institution continues to increase its Ethereum positions, recently withdrawing an additional $19.77 million worth of ETH from a major exchange within the last 5 minutes, and then transferring it into the Aave protocol as collateral for lending. In just the past 7 hours, the institution has accumulated a total of 27,598 ETH, corresponding to a capital scale of $83.05 million.
On-chain data shows that its total holdings have expanded to 607,598 ETH, with an asset total value of $1.77 billion. Interestingly, the institution's average cost basis is approximately $3,111, and based on the current price, the unrealized loss amounts to $117 million. This series of actions reflects that large-scale funds are continuously optimistic about Ethereum's medium-term trend, while also achieving efficient capital allocation through DeFi protocols.
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just_here_for_vibes
· 12h ago
Large funds are still疯狂 accumulating ETH, are they betting on ETH's comeback?
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Unrealized loss of 117 million still daring to add positions, I really can't learn this kind of confidence
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Wait, the holding cost is 3111... what is it now? Feeling a bit sorry for this guy
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Using DeFi lending as a strategy, really knows how to play
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607,598 ETH, if they push the market hard enough...
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$19.77 million in 5 minutes, anyone would be trembling at this trading volume
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Losing so much and still pouring in money, either truly believes in Ethereum or is trapped and dead, haha
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Looking at this move, is he planning to use ETH to earn interest and survive the winter?
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On-chain whales are playing a big game, and we small retail investors can only watch the show
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CryptoFortuneTeller
· 12h ago
Big institutions are heavily accumulating at the bottom this wave, not afraid of floating losses of over 100 million, their mentality is really strong.
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HappyMinerUncle
· 13h ago
Big players are so aggressive, losing 117 million but still adding positions... Truly believers
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This rhythm, either bottom-fishing or crazy
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Over 600,000 ETH, who is this? Having so much money is really awesome
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Playing lending arbitrage so skillfully? DeFi strategies are getting more and more complicated
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Losing money but still pouring in, I just can't understand this logic
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Wait, is this cost basis only 3111? When did you buy it, during the financial crisis?
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Position of 1.77 billion, just add more when needed... This is real wealth
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Institutions are playing chess, and we are watching the game, feeling a bit powerless
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DeFi lending is getting new tricks, is it safe to use like this?
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Floating loss of over 100 million and still not out, either true faith or true foolishness
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GweiWatcher
· 13h ago
Big investors are still疯狂抄底, this momentum really shows strong confidence...
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MevSandwich
· 13h ago
This move by the big players is really ruthless. They've already lost 117 million but still dare to keep accumulating. Their confidence must be incredibly strong.
A certain research institution continues to increase its Ethereum positions, recently withdrawing an additional $19.77 million worth of ETH from a major exchange within the last 5 minutes, and then transferring it into the Aave protocol as collateral for lending. In just the past 7 hours, the institution has accumulated a total of 27,598 ETH, corresponding to a capital scale of $83.05 million.
On-chain data shows that its total holdings have expanded to 607,598 ETH, with an asset total value of $1.77 billion. Interestingly, the institution's average cost basis is approximately $3,111, and based on the current price, the unrealized loss amounts to $117 million. This series of actions reflects that large-scale funds are continuously optimistic about Ethereum's medium-term trend, while also achieving efficient capital allocation through DeFi protocols.