7 Siblings: Borrows $25M From Spark to Buy ETH

7 Siblings borrowed $25M in stablecoins from Spark Finance, split evenly between $12.5M USDT and $12.5M USDS, then swapped $22M of that liquidity for 10,792 ETH at an average price near $2,039, routing most volume through CowSwap.

Price sits at $2054.05 inside the Bollinger band with upper resistance at $2287.91 and lower support at $1994.4 while the EMA50 at $2198.16 and EMA200 at $2363.21 define the bearish structure above; MACD at -52.39 confirms the death cross and RSI at 31.16 leaves room for continuation lower before any test of the 50-EMA resistance.