7 Siblings buys 10,800 ETH with about 22 million USD

According to TechFlow, on November 11, Ember monitoring showed that whale or institution 7 Siblings used about 22 million USD in stablecoins to buy 10,792 ETH after ETH fell 15% in recent days, at a purchase price of about 2038 USD.

The entity had previously sold 18,500 ETH at about 2356 USD after a short-term 20% rise in ETH in August, earning a profit of about 10.49 million USD. Ember said its recent trades have included buying after short-term sharp declines in ETH and selling after short-term sharp rallies.

Source: TechFlow