According to Ember monitoring, the "whale/institution that made $30.45 million in profit from two previous ETH swing trades" has started a third round of ETH swing buying:
In the past half hour, they purchased 15,000 ETH at $2,820 each using 42.3 million USDC through Wintermute. They won both of their previous swing trades, earning a total profit of $30.45 million.