Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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7. Siblings increased its holdings by 1,601 ETH, bringing its total ETH purchases since October 11 to over $163 million, with a paper loss of $9.48 million.
2025-11-07 03:27

According to Odaily Planet Daily, based on monitoring by on-chain analyst Yu Jin, 7 Siblings bought another 1,601 ETH today (worth $5.25 million). Since the sharp drop on October 11, the firm has spent a total of 163 million USDC to buy 45,800 ETH, at an average price of $3,561. Currently, the market price of ETH is lower than this average purchase price, resulting in a paper loss of $9.48 million.