According to on-chain analyst Onchain Lens (@OnchainLens), the wallet "0x466" associated with "7 Siblings" borrowed $60 million to purchase 32,919 ETH at an average price of $1,762, spending approximately $58 million, and currently has $2 million in open orders pending execution; meanwhile, the dormant whale "0x293" sold 10,000 ETH at an average price of $1,772, cashing out approximately $17.72 million in USDC.
Seven siblings-linked addresses borrow $60 million to purchase 32,919 ETH at an average price of $1,762
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Summary
The wallet linked to '7 Siblings,' 0x466, borrowed $60 million to purchase 32,919 ETH at an average price of $1,762, indicating strong price momentum. The wallet currently holds $2 million in pending orders. Meanwhile, the dormant whale 0x293 sold 10,000 ETH at $1,772, netting $17.72 million in USDC. This move underscores a favorable risk-to-reward ratio for large-scale ETH positioning.
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