7 Siblings Spent Approximately $22 Million to Buy 10,800 ETH

On November 11, according to tracking by Ember, the whale or institution "7 Siblings" used approximately $22 million in stablecoins to purchase 10,792 ETH following a 15% decline over the past few days, acquiring the assets at an average price of around $2,038.

The entity previously sold 18,500 ETH at roughly $2,356 following a short-term 20% rally in August, securing a profit of approximately $10.49 million. According to Ember, its recent operations involve buying after sharp short-term dips in ETH and selling after short-term surges.