According to @ai_9684xtpa, ETH swing wallet 0x54d...e6029 spent 10 million USDC in the past 3 hours to purchase 2,908 ETH, with transactions visible on-chain. Source: x.com/ai_9684xtpa/status/1988509337153941853; explorer.cow.fi/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029 Including the Oct 20 tranche, the address has accumulated 5,419.3 ETH with a total outlay of $20 million, an average cost of $3,690.5, and an unrealized loss of approximately $1.33 million at the time of posting. Source: x.com/ai_9684xtpa/status/1988509337153941853; explorer.cow.fi/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029