Mysterious Whale '7 Siblings' Reenters Market with Significant ETH Purchase

According to Odaily, the enigmatic whale known as '7 Siblings,' which holds assets worth $2.2 billion, has made a notable reentry into the cryptocurrency market. During the recent downturn, the whale acquired 28,120 ETH, valued at $66 million, at an average price of $2,350 per ETH. This significant purchase highlights the whale's strategic investment moves amid market fluctuations. Furthermore, it is noteworthy that on August 5, during a market crash, '7 Siblings' spent 129.3 million USDC to buy 56,093 ETH at an average price of $2,305 per ETH. This substantial acquisition underscores the whale's confidence in Ethereum's potential and its ability to capitalize on market dips.