The whale 7 Siblings has once again bottom-fished ETH after three months, spending 22 million USD to purchase 10,792 coins

According to on-chain analyst Yu Jin's monitoring, the whale or institution 7 Siblings, which sold 18,500 ETH at an average price of $2,356 after a brief 20% increase in ETH in August, making a profit of about $10.49 million, has bought again after ETH recently dropped about 15%.

About 9 hours ago, this whale used 22 million USDC to buy 10,792 ETH, with an average purchase price of about $2,038. The trading strategy of this whale is quite clear: buy when ETH drops more than 10% in a short period, and sell when it rises more than 10%. Previously, it bought at $1,789 after the ETH crash in June, sold at $2,356 after the rise in August, and bought again at $2,038 after the drop in November.