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I just noticed something interesting in the chain data - Yihuihua's Trend Research wallet that Arkham tracks holds about 626,700 ETH, but the situation isn't that great.
They entered with an average cost of around $3,105 per ETH, and their account is now worth about $2 billion. But with the current price around $2,320, that means they are actually losing - unrealized gains have decreased significantly.
It's interesting to see how these large Ethereum holdings' trends develop. This might indicate greater price pressure than expected in the current market.