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GUSD Minting
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A certain institution's Address recently spent $333.78 million to purchase 132,535 ETH, with unrealized losses of $36.68 million.
On June 23, according to Spotonchain monitoring, during the recent three-day market fall, a certain institutional address spent 112.96 million USDC to increase its holdings by 47,070 ETH at an average price of 2,400 USD. In the past 11 days, it has spent a total of 333.78 million USD to buy 132,535 ETH through OTC trading with Wintermute and CEX, at an average price of 2,518 USD, and is currently facing a floating loss of 36.68 million USD (-11%).