Mysterious Entity '7 Siblings' Buys Big on ETH as Crypto Market Plunges to Low
Publication Time:2024-08-06 19:21:08
As the recent crypto market, shaken by substantial volatility, was gripped by panic selling, a high-profile entity '7 Siblings', with assets worth $1.57 billion, displayed remarkable foresight and bravery. The entity began acquiring Ethereum (ETH) when its price dipped to $2,600, continuing until it fell to $2,191, all within about 12 hours. '7 Siblings' executed a series of cautious maneuvers, ending up buying 56,093 ETH at an average cost of around $2,305 each, totaling approximately $129 million. This move not only highlighted their keen understanding of market trends but also showcased their sophisticated skills in large-scale cryptocurrency investments amidst turbulent market conditions.
Cryptocurrency
ethereum (ETH)
Blockchain analysis
Large Transactions
Market Downturn