Deep Tide TechFlow News, on July 20, according to on-chain analyst Ember (@EmberCN), a giant whale or institutional investor completed a large Ethereum purchase operation in the past half hour. The address first transferred 50 million Tether (USDT) to Binance exchange, and then withdrew 13,462 Ethereum (ETH) from Binance, with an average purchase price of approximately $3,714. This large purchase behavior occurred in the current market environment, indicating some large funds' willingness to allocate to Ethereum.