BlockBeats News, October 11, According to on-chain data analyst Yujin Monitoring, the whale/institution "7 Siblings," who has repeatedly bought the dip in ETH after major drops, has once again started accumulating ETH after today's significant drop. They borrowed 40 million USDC from Aave and have already spent 5 million USDC in the past hour to buy 1326 ETH at a price of $3771.
This whale/institution has previously bought ETH at the dip after major drops and has made considerable profits:
· On August 5 last year, when ETH dropped 15%, they bought 100,000 ETH at around $2,270 each;
· On April 7 this year, when ETH dropped 10%, they bought 25,000 ETH at around $1,700 each.