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Whale 7 Siblings holds 252,000 ETH, with institutional ranking jumping to 5th place
【Blockchain Rhythm】Interesting on-chain data has surfaced. A whale named 7 Siblings has been quietly accumulating ETH since October last year, with an average price of $3,479, accumulating a total of 48,588.72 ETH and investing $169 million in real funds.
The current holdings are even more impressive. This whale now holds a total of 252,000 ETH on-chain, with the total account value surpassing $800 million. It’s worth noting that, including their Trend Research fund, they rank fifth among all institutional holdings, pushing the Ethereum Foundation to the back.
From the data, this trend is quite interesting—building up from the average purchase price to the current scale clearly shows a long-term bullish outlook on ETH. However, the overall cost structure is not yet fully transparent, and how the average purchase prices are distributed across different stages remains to be further followed up.