Whale 7 Siblings Buys the ETH Dip Again After Three Months, Spending $22 Million on 10,792 ETH
According to on-chain analyst Ember, whale or institution 7 Siblings, which sold 18,500 ETH at an average price of $2,356 after ETH briefly surged 20% in August, making a profit of about $10.49 million, has bought again following a recent 15% drop in ETH. About 9 hours ago, the whale used 22 million USDC to buy 10,792 ETH at an average price of approximately $2,038. Its trading strategy is fairly clear: buy when ETH falls by more than 10% in a short period, and sell when it rises by more than 10%. Previously, it bought ETH at $1,789 after a sharp drop in June, sold at $2,356 after the August rally, and bought again at $2,038 following another decline in November.
$ETH market data (Nov. 11, 09:07): Current price 2044.44, 24-hour change -4.06%.
Range: 2006–2133.48; trading volume: $695 million.
According to on-chain analyst Ember, whale or institution 7 Siblings, which sold 18,500 ETH at an average price of $2,356 after ETH briefly surged 20% in August, making a profit of about $10.49 million, has bought again following a recent 15% drop in ETH. About 9 hours ago, the whale used 22 million USDC to buy 10,792 ETH at an average price of approximately $2,038. Its trading strategy is fairly clear: buy when ETH falls by more than 10% in a short period, and sell when it rises by more than 10%. Previously, it bought ETH at $1,789 after a sharp drop in June, sold at $2,356 after the August rally, and bought again at $2,038 following another decline in November.
$ETH market data (Nov. 11, 09:07): Current price 2044.44, 24-hour change -4.06%.
Range: 2006–2133.48; trading volume: $695 million.
