The 7 Whale Siblings collectively hold 660,000 ETH. The liquidation price of the loan position is below $1100
According to on-chain data analyst Yu Jing, the whale/institutional address 7 Siblings continued to buy ETH in the past 10 hours, spending a total of 42.66 million USDC to purchase 25,102 ETH at an average price of $1,700. They hold more than 660,000 ETH (approximately $10.37 billion). These ETH are also leveraged; they borrowed 412 million U by collateralizing ETH from multiple lending protocols. These borrowing positions are currently still healthy with liquidation prices all below $1100.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DATA: BlackRock Adds 4,238 ETH Through Its Ether ETF
Spot gold hit another record high, topping out at $3,167.67/oz
Today's U.S. Bitcoin ETFs Net Outflows of 847 BTC, Ether ETFs Net Outflows of 5645 ETH
Trending news
MoreCrypto prices
More








