A crypto whale known as '7 Siblings' has borrowed $20 million in USDC, using half to purchase 2,664 ETH at $3,754 each. The remaining $10 million is still in the wallet, potentially for further acquisitions. Blockchain data from Nansen confirms the transaction through wallet 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. This whale is known for significant Ethereum purchases during market downturns, having previously acquired over 100,000 ETH at lower price points.
Crypto Whale '7 Siblings' Acquires 2,664 ETH with $20M USDC Loan
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