10 hours ago, 7 Siblings bought $22 million worth of $ETH—10,792 coins at an average price of $2,038—without a sharp sell-off ⚖️

First: The wallet is known for buying dips $ETH during moments of panic, but this time it bought while the market was relatively calm.

Second: The price traders will be watching is $2,038, because it’s the average entry price, not a fleeting price.

Third: the execution took place 10 hours ago, and there is still no confirmed information about the wallet’s intention to buy more.

The practical meaning: if the price of $ETH stays close to $2,038, that may be read as a test of buyer confidence; if the price moves further down, this average may become a reference watched by those who entered in the same area.

In short: watch the distance between the current price and $2,038; it matters more than the size of the trade alone.

Do you think $ETH will close the week above or below $2,038? 👇

#ETH #Whales

Content is for informational purposes only and is not financial advice.

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