Ethereum whale 7 Siblings buys $22 million in ETH as price holds $2,000 support

A major Ethereum investor, known in blockchain circles as 7 Siblings, has returned to the market with a significant purchase. The whale acquired 10,792 ETH for a total of $22 million, with an average price per coin of $2,038. This move comes as Ethereum’s price recently tested the $2,000 mark, a key support zone that has attracted substantial trading interest. According to on-chain analytics platform Lookonchain, 7 Siblings is recognized for building positions in Ethereum during periods of heightened market pressure. The latest acquisition again highlights the whale’s strategy of buying into corrections and aiming to capitalize when the market recovers.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.