According to Ember Monitoring, a certain whale/institution spent 64.04 million USDT to purchase 18,557 ETH in two days, at an average price of $3,451. The address withdrew 47.28 million USDT from platforms such as Cryptocom and Cumberland to purchase ETH on-chain, and then mortgaged ETH to borrow 16.75 million USDT from Aave to continue purchasing ETH. Currently, the whale/institution holds approximately 38,000 ETH. [Foresight News]