An entity is suspected to have spent approximately $112 million to purchase 50,706 ETH, at an average price of $2,201 per ETH.

According to Onchain Lens monitoring, two addresses, 0x554 and 0xF2f, appear to belong to the same entity. Over the past period, they have spent approximately $111.62 million USDT to purchase 50,706 ETH, at an average price of approximately $2,201. Specifically, address 0x554 spent approximately $61.02 million USDT to purchase 27,714 ETH, while address 0xF2f spent approximately $50.6 million USDT to purchase 22,991 ETH. This entity had been continuously selling ETH over the past year, and this transaction appears to be a temporary replenishment of its holdings.