Golden Finance reports that according to Spotonchain monitoring, in the recent three days of market decline, a certain institutional address spent 112.96 million USDC to increase its holdings of 47,070 ETH at an average price of $2,400. Over the past 11 days, it has spent a total of 333.78 million dollars to buy 132,535 ETH through over-the-counter transactions with Wintermute and Coinbase, at an average price of $2,518, and is currently facing an unrealized loss of 36.68 million dollars (-11%).