According to @ai_9684xtpa, wallet 0x968e20E2DF4B27B7F0CA33F242deD3EC89F0F305 purchased 2,226 ETH on-chain over the past 3 hours for approximately USD 6.95 million at an average price of 3,121.52 USD, source: @ai_9684xtpa on X; Arkham Intelligence explorer. The source also reports that 1,100 ETH has been transferred from this wallet to address 0x7b7…52814, source: @ai_9684xtpa on X; Arkham Intelligence explorer. The post notes this update was sponsored by Gate exchange, source: @ai_9684xtpa on X.