BlockBeats news, on June 14th, according to Lookonchain monitoring, a whale/institution that profited 30.45 million USD from two $ETH swing trades spent another 10 million $USDC an hour ago to buy 3,875 ETH.
In the past 3 days, this address has cumulatively spent 186 million $USDC to purchase 70,465 $ETH at an average price of 2,647.7 USD. Currently, it still holds 150 million $USDC, meaning they have a large amount of funds available if they want to buy more.