Bottom fishing giant Whale 7 Siblings holds a total of 660000 ETH, with loan position clearing price below $1100

律动BlockBeats
律动BlockBeats|Apr 07, 2025 01:07
According to BlockBeats, on April 7th, according to on chain data analyst Yu Jin's monitoring, 7 Siblings, a giant whale/institutional address, continued to buy ETH in the past 10 hours, spending a total of 42.66 million USDC to purchase 25102 ETH, with an average price of $1700. He/they hold over 660000 ETH coins (approximately 1.037 billion US dollars). These ETH are also leveraged, as they borrowed 412 million U from multiple lending agreements by pledging ETH. These lending positions are currently relatively healthy, with clearing prices below $1100.
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