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ETH Whale '7 Siblings' Buys 2,665 ETH ($10M) at $3,752 After 7% Drop; Total 6,149.6 ETH Since Oct 11 at $3,740 Average | On-Chain Address to Watch | Flash News Detail | Blockchain.News
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10/17/2025 8:56:00 AM

ETH Whale '7 Siblings' Buys 2,665 ETH ($10M) at $3,752 After 7% Drop; Total 6,149.6 ETH Since Oct 11 at $3,740 Average | On-Chain Address to Watch

ETH Whale '7 Siblings' Buys 2,665 ETH ($10M) at $3,752 After 7% Drop; Total 6,149.6 ETH Since Oct 11 at $3,740 Average | On-Chain Address to Watch

According to @EmberCN, whale/institution "7 Siblings" purchased 2,665 ETH (~$10M) at $3,752 after ETH fell over 7% today, citing on-chain tracking for address 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0; source: x.com/EmberCN/status/1979109202300932361; debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. According to @EmberCN, including prior buys after a 10%+ ETH decline earlier this week, the entity accumulated a total of 6,149.6 ETH using $23M USDC since the Oct 11 selloff, with an average entry of $3,740; source: x.com/EmberCN/status/1979109202300932361; debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. According to @EmberCN, the reported cost-basis band for this whale sits at $3,740–$3,752, a concrete reference level traders can mark for liquidity and execution planning around ETH volatility; source: x.com/EmberCN/status/1979109202300932361; debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0.

Source

Analysis

In the volatile world of cryptocurrency trading, strategic moves by large investors often signal potential market shifts, and the recent actions of the whale group known as "7 Siblings" have captured significant attention among ETH traders. According to crypto analyst @EmberCN, this institution, renowned for bottom-fishing during major dips, has once again capitalized on Ethereum's price decline. On October 17, 2025, following a more than 7% drop in ETH's value, they purchased 2,665 ETH at a price of $3,752, amounting to approximately $10 million. This move aligns with their pattern of accumulating during downturns, potentially indicating confidence in Ethereum's long-term recovery.

Analyzing the Whale's Accumulation Strategy in ETH Dips

Diving deeper into the trading details, this latest purchase adds to their recent spree. Just days prior, amid a 10%+ ETH downturn on October 11, 2025, the "7 Siblings" had already scooped up additional ETH holdings. In total, post these October dips, they've invested 23 million USDC to acquire 6,149.6 ETH at an average price of $3,740. Such precise on-chain metrics, visible through platforms like DeBank, highlight the calculated nature of their trades. For traders monitoring Ethereum price movements, this accumulation at support levels around $3,700-$3,800 could suggest a strong buying zone, especially if market sentiment shifts bullish. Historical patterns show that whale buys during dips often precede rebounds, with ETH trading volumes spiking as retail investors follow suit.

Market Context and Trading Opportunities for ETH

From a broader market perspective, Ethereum's 7%+ drop on October 17, 2025, reflects ongoing volatility influenced by macroeconomic factors and crypto-specific news. Without real-time data, we can contextualize this with the reported prices: ETH dipped to levels where the whale entered at $3,752, potentially testing key support. Traders should watch for resistance at $4,000, a psychological barrier often cited in Ethereum price analysis. If ETH holds above $3,700, it might signal a reversal, offering spot trading opportunities or leveraged positions on exchanges. On-chain data reveals increased trading volumes during these dips, with ETH/USDC pairs showing heightened activity. Institutional flows like this could correlate with rising open interest in ETH futures, pointing to potential upside if Bitcoin, often a market leader, stabilizes.

Optimizing for Ethereum trading strategies, consider the implications for portfolio management. The "7 Siblings" approach exemplifies dip-buying, where investors average down during corrections. For retail traders, this means monitoring 24-hour price changes and setting alerts for ETH drops below 5-10%. Semantic variations like "ETH whale accumulation" or "Ethereum dip buying opportunities" underscore the SEO-friendly narrative here. Statistics from the purchase—2,665 ETH at $3,752—provide concrete data for analysis, suggesting a cost basis that could yield profits if ETH rebounds to $4,500, a level seen in prior cycles. Broader implications include positive sentiment for AI-related tokens, as Ethereum's ecosystem supports decentralized AI projects, potentially boosting correlated assets.

Cross-Market Correlations and Risk Management

Linking this to stock market correlations, Ethereum often moves in tandem with tech-heavy indices like the Nasdaq, where AI-driven stocks influence sentiment. If institutional buying in ETH persists, it might signal broader risk-on behavior, creating trading opportunities in crypto-stock pairs. However, risks abound: sudden sell-offs could push ETH below $3,500, invalidating the whale's thesis. Traders are advised to use stop-losses and monitor on-chain metrics for whale movements. In summary, this event offers actionable insights for Ethereum price prediction, emphasizing the power of data-driven trading in crypto markets.

余烬

@EmberCN

Analyst about On-chain Analysis