BlockBeats reports that on June 13, according to Ember Monitor, [a whale/institution that profited 30.45 million USD from two $ETH swing trades] has bought 48.80 thousand $ETH with 127 million USDC in the past 6 hours after today's decline.
After profiting 30.45 million USD from two previous $ETH swing trades, they started their third $ETH buying spree on the 11th, spending 46.49 million USDC to purchase 16.50 thousand ETH.
In the early hours today, $ETH experienced a significant drop, and they continued buying ETH. So far, they have transferred a total of 127 million USDC to Wintermute and Coinbase, purchasing 48,825 $ETH and withdrawing them to their address. In other words, their third $ETH swing trade has cumulatively spent 174.10 million USD to acquire 65,325 $ETH at an average price of 2,665 USD. Currently, they are at an unrealized loss.