According to OnchainLens monitoring, a newly built wallet seven days ago proposed 38,138 SOLs from Coinbase, which is about $7.57 million. This address is recently: Spend 15,000 SOL Purchase 5.48 million AI16Zs; Spend 11,250 SOL to purchase 7.31 million ARC. The wallet still holds 11,889 SOLs and may buy more tokens.