Data: Some smart money bought 1344.18 ETH on-chain again 10 hours ago, currently facing an unrealized loss of $165,000

Smart money, which previously built a position of 11,004 ETH at an average price of $3.45 in 2016 and made a profit of $30.38 million, has once again bought 1,344.18 ETH ($2.83 million) on-chain 10 hours ago; currently, the average cost of the newly built position is $2,153.95, with an unrealized loss of $165,000, and all USDC on-chain has been used for building the position.