A major cryptocurrency whale has purchased 30,000 ETH, valued at $72.32 million, in the past 8 hours following a market decline. The whale transferred 58.91 million USDC to Wintermute and 24 million USDC to Coinbase, subsequently withdrawing 24,000 ETH from Wintermute and 6,000 ETH from Coinbase. Since initiating their third wave of ETH purchases on June 11, the whale has spent 297 million USDC to acquire 115,400 ETH, averaging $2,574 per ETH, and currently faces a floating loss of $18.35 million.