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Exposure of holdings by a leading institution: 620,000 ETH + nearly $2 billion, with most tokens in unrealized gains
【Blockchain Rhythm】Interestingly, there has recently been a new on-chain data signal worth paying attention to. A leading institution currently holds a substantial position—62.67 million ETH, with a book value of $1.94 billion, and an average cost basis of around $3,105.5.
In terms of portfolio composition, this institution’s investment layout is quite diversified. They hold mainstream tokens like BTC, BCH, and BNB, and these positions are currently mostly in profit. There are two exceptions: one is that the previous WLFI has been cut for loss, and ETH has also experienced some retracement. However, overall, the fundamentals of this portfolio remain relatively stable.
The changes in holdings by such large investors often provide some market trend references for ordinary investors. Especially when they adjust their positions, it usually indicates a certain judgment about the future market.