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COINOTAG News reports fresh on-chain activity for November 4, with insights from on-chain analyst Ai Yi (@ai_9684xtpa). The whale address known as 7 Siblings executed a sizable ETH purchase, adding 15,092.8 ETH over roughly 14 hours at an average entry price of $3,654.59 per ETH, valuing the tranche at about $55.15 million. This move reinforces the address’s on-chain holdings and highlights ongoing whale activity within the Ethereum ecosystem.
With this latest accumulation, the 7 Siblings address now controls a total of 128,205.83 ETH on-chain, corresponding to roughly $464 million in value. The scale of this position underlines the potential impact of large whale wallets on liquidity dynamics and near-term price discovery in ETH markets.
Market observers should monitor subsequent on-chain moves from this holder, as the data suggest deliberate accumulation by a prominent address. While informative, such signals should be interpreted alongside broader macro factors to avoid overinterpreting a single liquidity event.
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