Bottom-Fishing Whale "7 Siblings" has currently sold 19,957 ETH and still holds approximately 280,000 ETH.

By: theblockbeats.news|2025/08/13 13:31:56
0
Share
copy

BlockBeats News, August 13th, according to on-chain analyst Yu Jin's monitoring, the entity "7 Siblings" who bought 100,000 ETH for around $2,270 during last year's August 5th flash crash, sold their ETH today. They have sold a total of 19,957 ETH so far today, exchanged for 90.44 million USDC, with an average selling price of $4,532.

Currently, they should still hold about 280,000 ETH ($1.3 billion), and they have bought ETH at the dip in two previous flash crashes:

During last year's August 5th flash crash when ETH dropped over 15%, they bought 100,000 ETH at around $2,270;

During this year's April 7th flash crash when ETH dropped over 10%, they bought 25,000 ETH at around $1,700;

-- Price

--

You may also like

New gameplay for participating in initial offerings on cryptocurrency exchanges

In this competition for cutting-edge assets, what has always been truly scarce is not the technology, but the underlying equity itself.

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

Why is Bitcoin down today? A hawkish FOMC pressured crypto and gold, while SpaceX surged to a $2.5 trillion valuation and Nasdaq gained attention. Here's what happened and why traders are looking beyond Bitcoin.

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

OKX founder Star published a lengthy article, systematically analyzing Binance's competitive advantages over the years: regulatory arbitrage, speculative narrative cycles, social media control, and superficial compliance, stating that the essence of these advantages is not product capability, but ra...

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

Federal Reserve Chairman Waller's debut featured a significant slimming statement, the cancellation of forward guidance, refusal to submit the dot plot, and the establishment of five working groups, vowing to uphold the 2% inflation target, which triggered a sharp decline in U.S. stocks and a surge ...

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

"Coin-stock linkage" has evolved from the early stage of macro correlation and one-way penetration of emotional funds to the current 3.0 stage, where on-chain perpetual contracts provide extended trading hours and emotional signal value for traditional assets 24/7, and participate in Pre-IPO pricing...

Dalio's important long article: How to position in the current market environment?

Do not confuse the excitement for new technologies with whether those tech stocks are attractive.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com