CoinVoice has recently learned that, according to on-chain data analyst Yu Jin's monitoring, a certain whale/institution has spent 64.04 million USDT on-chain to buy 18,557 ETH in the past two days, at an average price of 3,451 USD.

This whale/institution transferred 47.28 million USDT from exchanges like Cryptocom and Cumberland to purchase ETH on-chain, and then mortgaged the ETH to borrow 16.75 million USDT from Aave to continue buying ETH. Currently, this whale/institution holds 38,000 ETH (approximately 135 million USD).[Original link]