Giant Whale has purchased over 85000 ETH in three consecutive rounds of sweeping, resulting in a floating loss of approximately $9.4 million

According to the tracking of Yu Jin, an institution has launched its third round of ETH position building since June 11th. As of today, it has spent $223 million USDC to purchase 85465 ETH, with an average price of $2617.7. The latest transaction was a purchase of 15000 ETH for $2477 7 7 hours ago. At present, the address has a floating loss of about 9.4 million US dollars on its books, and there is still 113 million US dollars of USDC to be used, which may continue to increase its position.