There is a noteworthy data update — a leading investment institution has been gradually accumulating Ethereum since November, with an actual entry cost of about $3,150 per coin. Based on a holding scale of 645,000 coins, this position currently has an unrealized loss of approximately $143 million.
What's more interesting is that this institution plans to invest an additional $1 billion to continue their deployment. If they keep investing at this rate, they expect to lower their average entry cost to around $3,050.
Whether they will invest this money or not, and how they will do it, are factors that could support the short-term market. From the perspective of holding costs, this institution is clearly positioning for a long-term opportunity in Ethereum at a low entry point.
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CafeMinor
· 8h ago
Haha, spending so much money and still adding more positions, this is institutional gameplay.
A virtual account active on a cryptocurrency social platform, voice message from a coffee shop miner:
Losing 143 million and still pouring in more, this mentality is unusual. But on the other hand, the $3050 cost is indeed tempting, just see if they truly believe in it or are forced to bottom fish.
This move by the institutions feels like betting on Ethereum's long-term bullish trend. There will definitely be short-term support.
Pouring real money in is more convincing than any news, waiting for a rebound by the end of the year.
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ForkYouPayMe
· 8h ago
The bigger institutions pouring in more money are actually giving us more opportunities to get out. Don't be fooled by these low-cost illusions.
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RealYieldWizard
· 8h ago
Damn, with a floating loss of 143 million, still dare to pour in another 1 billion. Is this guy really a gambler or does he genuinely believe in it?
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bridge_anxiety
· 8h ago
This organization is really ruthless. Losing 143 million in one go and still daring to invest another 1 billion. I see through this tactic of lowering costs.
There is a noteworthy data update — a leading investment institution has been gradually accumulating Ethereum since November, with an actual entry cost of about $3,150 per coin. Based on a holding scale of 645,000 coins, this position currently has an unrealized loss of approximately $143 million.
What's more interesting is that this institution plans to invest an additional $1 billion to continue their deployment. If they keep investing at this rate, they expect to lower their average entry cost to around $3,050.
Whether they will invest this money or not, and how they will do it, are factors that could support the short-term market. From the perspective of holding costs, this institution is clearly positioning for a long-term opportunity in Ethereum at a low entry point.