A whale address has bought a total of 7074 ETH today, worth about $13.8 million at current prices, according to @lookonchain monitoring.
The address withdrew 4,511 ETH (~$8.81 million) from CEX three hours ago and deposited it with Aave as collateral, then lent $5 million USDT and re-transferred it to CEX to buy an additional 2,563 ETH (~$5 million).