$USDC Whales have been aggressively buying ETH over the last two hours.

Whale 0xDdb4 borrowed 3.44 million USDC from Aave and used it to buy 1,856 ETH.

Whale 0xf84d borrowed 1.64 million USDC, added more, and purchased 1,259 ETH for 2.34 million USDC.

2,250 ETH ($4.12 million) were withdrawn from a completely new wallet (0x69D0) from Binance.

Large purchases are coming - monitor the flow.