BlockBeats reports that on June 22, according to on-chain data analyst Yu Jin's monitoring, a [whale/institution that made a profit of $30.45 million through two ETH swing trades] spent $30.058 million USDC this morning after the drop to buy 13,498 ETH.
It is reported that since June 11, they have purchased 336 million USDC for 132,000 ETH over a period of 11 days, with an average cost of $2,540, currently facing a floating loss of $39.76 million. There is currently no USDC balance in their address.
