BlockBeats reported on June 14th, according to monitoring by Lookonchain, [a whale/institution that previously profited $30.45 million through two rounds of ETH trades] spent another 10 million USDC an hour ago to purchase 3,875 ETH.
Over the past 3 days, this address has spent a total of 186 million USDC to purchase 70,465 ETH at an average price of $2,647.7. Currently, they still hold 150 million USDC, meaning they have substantial funds available to make further purchases if desired.