Pray, allow me to impart a most diverting tale of pecuniary intrigue, wherein the enigmatic “7 Siblings,” a cabal of Ethereum whales, have taken it upon themselves to offload a staggering $17.2 million in ETH, amidst a market rally that would make even the most stoic of investors blush with excitement. 🌊💸
According to the ever-vigilant Arkham, these siblings-clearly no strangers to the art of the deal-first transferred a cool $47 million in ETH to a fresh wallet, only to commence their grand sell-off within minutes. All this, as Ethereum prances about at $4,297.90, boasting a daily gain of 1.72%. One can only imagine the raised eyebrows and whispered asides in the drawing rooms of crypto society. 🧐📈
BREAKING: FORMER ETH BILLIONAIRE 7 SIBLINGS IS SELLING $ETH
7 Siblings just transferred $47M ETH to a new wallet and began selling 7 minutes ago.
They have currently sold $17.2M worth of ETH.
– Arkham (@arkham) August 11, 2025
But let us not forget, dear reader, that these siblings are no novices in the game of crypto. On February 3, the astute trackers at Lookonchain revealed their purchase of 50,429 ETH, a sum worth $126 million. And who could overlook their last bulk acquisition on August 6, 2024, during a market crash that sent lesser investors scurrying for cover? Clearly, their latest maneuver is less a panic-stricken flight and more a calculated portfolio strategy, befitting their seasoned status. 🎭💼
Yet, the drama does not end with our seven protagonists. Another Ethereum whale, a relic from the ICO days, decided to part with 2,300 ETH for a modest $9.9 million. This clever soul, who once acquired 20,000 ETH for a mere $6,200, now sits on a fortune of $86 million. And let us not forget their gradual profit-taking in late 2023 and early 2024-a strategy as subtle as it is effective. 🕵️♂️💰
In the broader tapestry of the market, IntoTheBlock assures us that 97% of ETH holders remain in the green, a fact that must surely soothe the nerves of the more faint-hearted among us. Meanwhile, Ethereum’s dalliance with Bitcoin remains but a fleeting one, with a correlation of just 0.02, suggesting a spirited independence. 🌟✨
As we conclude this diverting episode, let us note that large holders now command 55% of the total ETH supply. In the past week alone, large transactions have soared to $93.78 billion, with net flows reaching $533.8 million. One can only wonder what further capers these crypto whales will undertake next. Until then, dear reader, let us observe with both amusement and admiration. 🎩🎢
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2025-08-11 23:37