7 Siblings: Borrows $58M to Buy 32,919 ETH

7 Siblings executed another aggressive dip purchase, drawing 58 million USDT from Spark to acquire 32,919.2 ETH at an average $1,762.

The entity, which already controls 907,000 ETH worth $1.624 billion, repeatedly steps in after 10%+ drops to accumulate.

Price action on the 4h chart shows ETH at $1779.63 inside the Bollinger Bands with lower support at $1715.22 and upper resistance at $2062.19; RSI at 29.75 marks oversold momentum while MACD death cross at -60.83 and price below both EMA50 $1949.24 and EMA200 $2120.55 confirm the bearish structure, yet the oversold reading at current levels suggests short-term exhaustion that could produce a relief rally toward the EMA50 before any deeper move.