Skip to content

Whale or institution "7 Siblings" recently spent $22 million to buy the dip, acquiring 10,800 ETH

Nov 11, 08:48

Nov 11 — According to monitoring by on-chain analyst Yu Jin, the whale or institution "7 Siblings" sold 18,500 ETH at $2,356 after ETH briefly surged 20% in August, taking a profit of $10.49 million; after ETH recently dropped 15%, it spent $22 million to buy 10,792 ETH at $2,038 nine hours ago. Its strategy is to buy the dip when ETH briefly falls more than 10% and to sell when it rises more than 10%.