TechFlow reports on March 10 that according to Ai Aunt's monitoring, seven institutions and whale addresses that recently "bottom-fished" Ethereum are now collectively facing unrealized losses of $10.25 million. Among them, the Trump family's crypto project WLFI increased its holdings by 4,468 ETH on March 6 at a cost of $2,228.7 per ETH, currently showing an unrealized loss of $750,000. Its total holding of 66,274.9 ETH has incurred an unrealized loss as high as $77.37 million.
Other significant unrealized losses include: one address purchasing 8,265 stETH yesterday at an average price of $2,218, resulting in an unrealized loss of $1.312 million; address redbase.eth buying 6,100 ETH yesterday at an average price of $2,200, with an unrealized loss of $895,000; Mirana Ventures establishing a position of 21,667 ETH on February 28 at a cost of $2,134, now facing an unrealized loss of $1.386 million; a whale known for previously profiting $14.26 million from buying and selling WBTC has accumulated 5,600 ETH since February this year at an average cost of $2,432, currently suffering an unrealized loss of $2.087 million.
The largest single unrealized loss comes from a whale address that previously earned $33.67 million from trading ETH, which bought 10,000 ETH on February 15 at $2,388 each, now facing an unrealized loss of $3.29 million.
