Institutions significantly increased their holdings by 9001 ETH, with total holdings surpassing 180,000.

According to on-chain data analysis, an investment institution has adopted an aggressive increase the position strategy during the recent market Fluctuation. After yesterday's price pullback, the institution further increased its holdings by 9,001 Ether, worth approximately 22.72 million dollars.

The operations of this institution are quite notable. After the market declined, it borrowed 42.1 million USDT from a decentralized lending platform and transferred these funds to a large centralized exchange. Subsequently, the institution used this capital to purchase 9,001 Ethereum and withdrew them from the exchange.

Currently, the total amount of Ethereum held by the institution has reached approximately 182,000. According to estimates, its average purchase cost is around $2,250. Based on the current market price, this investment has generated approximately $32.6 million in paper profits.

This series of operations reflects the institution's optimistic outlook on the Ethereum market, maintaining a positive investment strategy even amid short-term market fluctuations. At the same time, it also demonstrates the significant influence of institutional investors in the cryptocurrency market, as their large-scale trading activities may have a certain impact on market trends.