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The Mysterious Whale with 1 Million 150 Thousand Ethereum Makes Another Large ETH Purchase! - Coin Bulletin
While the fluctuations in the cryptocurrency markets continue, the giant whale 7 Siblings once again made a substantial purchase of Ethereum (ETH).
According to the data reported by the on-chain analysis platform LookIntoChain, 7 Siblings bought 4,993 Ethereum by spending $10.36 million. This purchase revealed that the whale collected ETH at an average price of $2,075.
7 Siblings' Ethereum holdings have reached 2.4 billion dollars
7 Siblings, known for making large-scale purchases by taking advantage of market declines in the past. With the latest transaction, the whale's total Ethereum holdings reached 1,157,000 ETH. The current market value of these assets is 2.4 billion dollars.
Such transactions are noteworthy in terms of revealing the long-term strategies of large investors regarding market movements. It is predicted that 7 Siblings can continue its strategy of accumulating at low prices and taking profits on the rise.