A wallet associated with the '7 Siblings' group, identified as '0x466', has borrowed $60 million to purchase 32,919 ETH at an average price of $1,762, according to on-chain analyst Onchain Lens. The transaction amounted to approximately $58 million, leaving $2 million worth of orders unfilled.
In a related development, a dormant wallet known as '0x293' sold 10,000 ETH at an average price of $1,772, converting the sale into roughly $17.72 million in USDC. This activity highlights significant movements in the Ethereum market, involving both large-scale purchases and sales.
'7 Siblings' Wallet Acquires 32,919 ETH with $60 Million Loan
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