Entity "7Siblings" sold 19,957 ETH for 90.44 million USDC today
According to Jinse Finance, on-chain analyst Yujin has monitored that the entity "7Siblings," which made a significant purchase of 100,000 ETH at around $2,270 during the major drop on August 5 last year, has started selling ETH today. So far today, they have sold 19,957 ETH for 90.44 million USDC, with an average selling price of $4,532. They are estimated to still hold about 280,000 ETH (worth $1.3 billion). Previously, they bought ETH during two major dips: on August 5 last year, when ETH dropped over 15%, they bought 100,000 ETH at around $2,270; and on April 7 this year, when ETH dropped over 10%, they bought 25,000 ETH at around $1,700.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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