A new address used 10 million USDT to buy 4,288 ETH

According to on-chain analyst Yu Jin's monitoring data, as reported by Golden Finance, 40 minutes ago, a newly created address bought 4,288 ETH on the chain using 10 million USDT at an average price of $2,332. The 10 million USDT was transferred from the 0x72F......28a1 address to the new address for purchasing ETH via an intermediate address one hour ago, most of which was withdrawn from HTX and Kraken in the past 7 days.