A whale bought $17 million worth of ETH and deposited it as collateral on Lido.

CoinFeed reported on May 10th that, according to Onchain Lens monitoring, address "0x674" purchased $17 million worth of ETH at an average price of $2,334, and subsequently deposited it into Lido for staking. This address still holds 10.15 million USDC and is likely to purchase more ETH.