At the end of February, the whale address that had accumulated ETH further increased its position by 2467 ETH to lower its average price, resulting in a unrealized loss of 5.88 million USD.

BlockBeats News, March 20th: According to on-chain data analyst @ai_9684xtpa, on February 26th, the swing trader who bought 13,306 ETH at an average price of $2,471 added another 2,467 ETH to the position, bringing the average cost down to $2,401. The current unrealized loss is $5.88 million.

This address had deposited ETH into Aave and borrowed 8 million USDT 16 hours ago, with 5 million USDT being deposited into Binance to subsequently withdraw the equivalent value in ETH. Additionally, 3 million USDT was deposited into OKX, indicating a potential further accumulation.