PANews reported on August 9th that on-chain analyst Yu Jin (Yu Jin) reported that a whale/institution purchased another $34 million worth of ETH just an hour ago: 34 million USDT was transferred to Binance, and then 8,109 ETH was withdrawn at a price of $4,193. This means that over the past 20 days, they have purchased a total of 21,571 ETH using 84 million USDT at an average price of $3,894, resulting in a current profit of $7.12 million.