7 Siblings: Buys $40.88M ETH on Latest Dip

7 Siblings added another 9,766 ETH for 18.877 million USDT at $1,933 six hours ago, lifting its total dip purchases to 20,558 ETH at a $1,988 average after spending 40.88 million USDT overall.

The address first bought 10,792 ETH for 22 million USDT at $2,038 three days earlier when price tested the $2,000 level. Its pattern remains consistent: buy after 10 percent plus short-term drops and sell after equivalent rallies, as shown by the June 2026 purchase at $1,789 and the August 2026 sale of 18,500 ETH at $2,356 that locked in 10.49 million USDT profit.

Price sits at $1,930.44 inside the Bollinger band on the four-hour chart with the upper band at $2,123.65 acting as near-term resistance and the lower band at $1,897.09 as support. The 50-EMA at $2,093.68 and 200-EMA at $2,305.26 both cap upside while RSI at 29.08 signals oversold conditions and MACD at negative 53.73 confirms the death cross, so any bounce toward the 50-EMA likely meets renewed selling before the next leg lower.