According to PANews on May 1, according to Lookonchain monitoring, in the past two hours, three whale addresses spent a total of US$7.2 million to buy 5,362 ETH.

• The address 0xDdb4 borrowed 3.44 million USDC from Aave and then used this 3.44 million USDC to purchase 1,856 ETH.
• The address 0xf84d borrowed 1.64 million USDC from Aave, and then spent 2.34 million USDC to buy 1,259 ETH.
• A newly created wallet (0x69D0) withdrew 2,250 ETH (worth $4.12 million) from the Binance exchange.