An address cumulatively purchased approximately 18,600 ETH over two hours.

on November 2, according to monitoring by Ai Yi, a particular address has cumulatively purchased approximately 18,600 ETH on-chain over the past two hours, worth over $42.4 million, with an average buy price of $2,274.

The address is still making batch purchases, utilizing USDC funds from Kraken and Crypto.com, though the owner of the address remains unidentified.