Bottom-Fishing Whale 7 Siblings Hold a Total of 660,000 ETH, with a Liquidation Price Below $1,100

BlockBeats News, April 7th, according to on-chain data analyst Yu Jin's monitoring, Whale/Institutional address 7 Siblings continued to buy ETH in the past 10 hours, spending a total of 42.66 million USDC to purchase 25,102 ETH at an average price of $1,700.

They hold over 660,000 ETH (worth about $1.037 billion). These ETH are also leveraged, as they borrowed $412 million by collateralizing ETH from multiple lending protocols. These loan positions are currently considered healthy, with liquidation prices all below $1,100.