Whale holding $5.6B in ETH is selling, dumps $88M in 15 hours
Ethereum whale group “7 Siblings” sold $88.2 million in ETH within 15 hours as short-term traders locked in profits.
The mysterious Ethereum whale collective known as “7 Siblings” has offloaded $88.2 million worth of Ether over the past 15 hours.
Holding about 1.21 million Ether (ETH), valued at $5.6 billion, the group sold 19,461 ETH at an average price of $4,532, blockchain analytics platform Lookonchain revealed in a Wednesday post on X.
Between Feb. 3 and April 7, the whale group acquired 103,543 ETH for $229.7 million at an average price of $2,219. The haul included a $42.2 million purchase of 24,817 ETH at $1,700 in early April, according to data accumulated by Lookonchain.