PANews reported on April 11 that according to Spot On Chain monitoring, an address created a new wallet and purchased a total of 9,610 ETH (about 14.54 million USD) about 7 hours ago. The address first withdrew 5,000 ETH from Kraken as collateral, borrowed 7 million USDS on the Spark platform, and then purchased another 4,610 ETH at a price of about 1,518 USD, which seems to be bullish on the future trend of ETH.