【Blockchain Rhythm】Interesting on-chain data has surfaced. A whale named 7 Siblings has been quietly accumulating ETH since October last year, with an average price of $3,479, accumulating a total of 48,588.72 ETH and investing $169 million in real funds.
The current holdings are even more impressive. This whale now holds a total of 252,000 ETH on-chain, with the total account value surpassing $800 million. It’s worth noting that, including their Trend Research fund, they rank fifth among all institutional holdings, pushing the Ethereum Foundation to the back.
From the data, this trend is quite interesting—building up from the average purchase price to the current scale clearly shows a long-term bullish outlook on ETH. However, the overall cost structure is not yet fully transparent, and how the average purchase prices are distributed across different stages remains to be further followed up.
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WalletWhisperer
· 01-06 16:33
nah the cost basis distribution is what keeps me up at night tbh... pattern recognition screaming anomalies here
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StablecoinArbitrageur
· 01-05 08:34
actually, that average entry of $3479 is... *chef's kiss*. did they really just stack 48k eth below the previous cycle peak? need to see the full cost basis distribution across different tranches before calling this genius though. could be averaging up on the way down, or could be some serious dca discipline. the opacity here is exactly why i don't trust whale moves at face value.
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P2ENotWorking
· 01-05 08:33
252,000 ETH? This guy is really ruthless, pouring in 800 million dollars just to wait for ETH to skyrocket.
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NotSatoshi
· 01-05 08:26
252,000 ETH, this whale is serious.
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ResearchChadButBroke
· 01-05 08:21
7 Brothers, this move... really daring to spend money, huh? Just throwing an 800 million account like that?
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GasFeeTherapist
· 01-05 08:18
800 million USD in holdings, this whale is really fierce. I'm a bit tempted.
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MEVEye
· 01-05 08:17
7 Siblings this move is really amazing, doubled in 8 months, now it has become the fifth among institutions...
Whale 7 Siblings holds 252,000 ETH, with institutional ranking jumping to 5th place
【Blockchain Rhythm】Interesting on-chain data has surfaced. A whale named 7 Siblings has been quietly accumulating ETH since October last year, with an average price of $3,479, accumulating a total of 48,588.72 ETH and investing $169 million in real funds.
The current holdings are even more impressive. This whale now holds a total of 252,000 ETH on-chain, with the total account value surpassing $800 million. It’s worth noting that, including their Trend Research fund, they rank fifth among all institutional holdings, pushing the Ethereum Foundation to the back.
From the data, this trend is quite interesting—building up from the average purchase price to the current scale clearly shows a long-term bullish outlook on ETH. However, the overall cost structure is not yet fully transparent, and how the average purchase prices are distributed across different stages remains to be further followed up.