A certain new address bought $7.31 million worth of ETH in the past hour.

August 12th, According to on-chain analyst Ai (@ai_9684xtpa), a newly created wallet bought approximately $7.31 million worth of ETH in the past 1 hour. The address 0x856...3cD9F withdrew stablecoins from Binance an hour ago and then made partial purchases of 3877.67 ETH through CowSwap, with an average buy price of $1886.55. Currently, the address has transferred all ETH to the address 0xC32...D64f9.