According to a report by BlockBeats on June 14, monitoring agency Lookonchain found that a whale/institution spent a total of 186 million USD over the past three days to purchase 70,465 Ethereum (ETH) at an average price of 2,647.7 USD. The address recently spent 10 million USD to buy 3,875 ETH and still holds 150 million USD in USDC, indicating it has sufficient funds to continue increasing its position. Previously, this whale/institution profited 30.45 million USD from two rounds of ETH transactions.

MAG7.SSI

USDC

<p>BlockBeats reported on June 14th, according to monitoring by Lookonchain, [a whale/institution that previously profited $30.45 million through two rounds of ETH trades] spent another 10 million USDC an hour ago to purchase 3,875 ETH.<br><br>Over the past 3 days, this address has spent a total of 186 million USDC to purchase 70,465 ETH at an average price of $2,647.7. Currently, they still hold 150 million USDC, meaning they have substantial funds available to make further purchases if desired.</p>

Whale institutions continue to increase their holdings of Ethereum, purchasing over 70 thousand ETH within three days and holding 150 million USD in USDC funds.