A whale "7 Siblings" bottom-fished ETH again after a three-month hiatus, spending $22 million to buy 10,792 ETH

Odaily report: According to on-chain analyst Yu Jin's monitoring, the whale or institution 7 Siblings, which previously sold 18,500 ETH at an average price of $2,356 after ETH briefly rose 20% in August, making a profit of about $10.49 million, has bought again after ETH recently fell about 15%.

About 9 hours ago, the whale used 22 million USDC to buy 10,792 ETH, at an average purchase price of about $2,038.

The whale's trading strategy is relatively clear: buy when ETH falls more than 10% in a short period, and sell when it rises more than 10%. Previously, it bought at $1,789 after ETH crashed in June, sold at $2,356 after the August rally, and bought again at $2,038 after another decline in November.