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7 Siblings: Borrow 20M USDT to Buy 2,254 ETH | Flash News Detail | Blockchain.News
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6/4/2026 7:40:00 AM

7 Siblings: Borrow 20M USDT to Buy 2,254 ETH

7 Siblings: Borrow 20M USDT to Buy 2,254 ETH

7 Siblings borrow 20M USDT from Spark, spend 4M on 2,254 ETH at $1781.33 with 16M USDT left amid oversold RSI.

Source

Analysis

7 Siblings borrowed another 20M USDT from Spark and spent 4M USDT to acquire 2,254 ETH, leaving 16M USDT unspent for further purchases.

Price action shows ETH trading at $1781.33 inside the Bollinger Bands with lower support at $1751.22 while RSI(14) at 24.38 flashes oversold and MACD confirms the bearish death cross below EMA50 resistance of $1964.79. This confluence favors continued dip buying by the siblings during the crypto market crash, shaping near-term ETH price prediction even as AI industry impact weighs on broader risk sentiment.


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