7 Siblings are selling into the ETH strength again. This wallet has been quietly playing the ETH cycle pretty well.
Since August 21, 7 Siblings has sold a total of 26,265.2 ETH, worth around $62.47M. The wallet reportedly built its latest position about a week ago, right before the recent ETH surge. Now that prices have moved up, it’s selling. And this isn’t the first time.
Whenever $ETH takes a sharp hit, this mysterious entity seems to show up and start buying the dip. Then when the market recovers, it starts taking profits.
Buy the panic. Sell the strength. Even after selling more than 26K #ETH , the wallet is still holding over $768M worth of ETH on-chain.
That’s some serious conviction ... and pretty solid timing so far.
Address: 0x28a55C4b4f9615FDE3CDAdDf6cc01FcF2E38A6b0