arc Ranking #2 Address has spent an additional $1.495 million in the past 9 hours to increase their position, resulting in a total unrealized loss of $1.02 million.

BlockBeats News, February 4th, according to on-chain data analyst @ai_9684xtpa monitoring, the 2nd address on the arc leaderboard spent $1.495 million USD to accumulate more arc in the past 9 hours, currently holding 17.2 million arc, with a total unrealized loss of $1.02 million USD.

Reportedly, this address started accumulating since December 26th last year, buying the token in three batches, with an average cost of $0.3153 USD (current price $0.2417 USD); additionally, this address also holds $5.75 million USD worth of ai16z, with the latest round of accumulation showing an unrealized loss of $4.15 million USD.