According to on-chain analyst Ember Monitoring, the entity "7 Siblings" that bought 100,000 ETH at a price of about $2,270 in the 8/5 crash last year is selling ETH today. They have sold 19,957 ETH to 90.44 million USDC so far today, with an average selling price of $4,532.
They should still be holding about 280,000 ETH (1.30 billion dollars), and they have bottom fished in ETH in two previous crashes:
Last year 8/5 ETH fell 15% +, they bought 100,000 ETH at around $2,270;
4/7 ETH down 10% + this year, they bought 25,000 ETH at around $1,700;
Entity "7 Siblings" has sold 19,957 ETH today for 90.44 million USDC
2025-08-13 04:58:31
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