This person is en route to becoming the third-biggest BTC address in the world.
How do you know with certainty that this address belongs to a "person" and not a company like an exchange or some big service?
It's the same problem with the opposite type news saying "a whale dumped bitcoin". We can not say who the coins being moved belong to or their purpose. This claim about someone buying bitcoin is as as false as those other claims about some whale dumping bitcoin.