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

By: theblockbeats.news|2025/08/13 05:31:56
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

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

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