Ethereum (ETH) Accumulation by ‘7 Siblings’ Address: 32.48M USDC Spent to Buy 8,719 ETH at an Average Price of $3,725
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
EmberCN monitoring shows that the ‘7 Siblings’ address spent 8.15 million USDC to buy 2,210 ETH after a 4% decline, at an average price of about $3,687 per ETH.
Since the significant pullback on 10/11, the same address has deployed 32.48 million USDC to accumulate 8,719 ETH at an average price of roughly $3,725. Specifically, on 10/11, following a 10% ETH drop, it swapped 13 million USDC for 3,485 ETH at $3,730; on 10/17, after a 7% dip, 11.33 million USDC bought 3,024 ETH at $3,747; and on 11/3, after a 4% retreat, 8.15 million USDC funded 2,210 ETH at $3,687.
This on-chain activity illustrates a methodical accumulation pattern by a sizable wallet, with purchases clustering in the $3,687–$3,747 band and suggesting sustained demand for ETH amid recent volatility.