Whales/institutions that made profits from two ETH waves bought $127 million worth of ETH in the past 6 hours

Odaily News According to on-chain analyst Ember’s monitoring, the whale/institution that made a profit of $30.45 million in two ETH waves has used 127 million USDC to buy 48,800 ETH in the past 6 hours after today’s decline.
After they made a profit of 30.45 million US dollars through two ETH waves some time ago, they started buying ETH for the third time on the 11th, spending 46.494 million USDC to buy 16,500 ETH.
ETH fell sharply this morning, and they continued to buy ETH. So far, they have transferred a total of 127 million USDC to Wintermute and Coinbase, and purchased 48,825 ETH to withdraw to the address. In other words, their third ETH wave has currently spent a total of 174.1 million US dollars to purchase 65,325 ETH, with an average price of 2,665 US dollars. It is currently in a floating loss state.