Recently, the trend of Ethereum (ETH) has been worth paying attention to. According to data tracking, a certain institution currently holds nearly 630,000 ETH, with a market value of approximately $1.94 billion, and an average cost basis around $3,105.

From the current market situation, ETH has already fallen to this important cost line. This price level is a key point for many institutional investors — it serves as both a stop-loss line and a potential support level.

Looking at the overall performance of the holdings, the situation is somewhat differentiated. Mainstream cryptocurrencies like Bitcoin, Litecoin, and Binance Coin are mostly maintaining floating profits, and their holdings are relatively stable. However, due to recent adjustments, Ethereum's floating profit space has been significantly compressed. As for tokens like WLFI, some have already cut losses, while others are fluctuating repeatedly.

Overall, the market is still searching for a new balance point. The cost line is often not the end but a place where participants reassess risk and reward.