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

BlockBeats news, on June 23, according to Spotonchain monitoring, during the recent market decline over the past three days, an institutional address spent 112.96 million USDC to increase its holdings of 47,070 ETH at an average price of $2,400.

In the past 11 days, it has spent a total of $333.78 million to purchase 132,535 ETH through over-the-counter trading with Wintermute and Coinbase, at an average price of $2,518, currently facing a floating loss of $36.68 million (-11%).