Three addresses belonging to the same whale entity bought 13,300 ETH on-chain over the past seven hours at an average price of $2,098.43, for a total of $27.93 million. The entity now holds 15,718 ETH valued at $35.65 million. ChainCatcher reported the transactions, citing monitoring by on-chain analyst Ai 姨. The entity’s funds came from Tornado; 11 months ago, it received ETH in batches from the mixer before selling the tokens and converting the proceeds into stablecoins (crypto tokens designed to track fiat currencies).