Whale Addresses Accumulate 25,102 ETH with $42.66 Million Investment Amid Healthier Leverage Positions

On April 7th, **COINOTAG News** reported that prominent on-chain analyst Yu Jin has identified substantial activity within the cryptocurrency ecosystem. In a recent monitoring session, the Whale/Institutional Address known as **7 Siblings** acquired **25,102 ETH** at an average cost of **$1,700**, amounting to an investment of **$42.66 million USDC** over a span of just 10 hours. This address now commands a staggering **660,000 ETH**, valued at approximately **$1.037 billion**. Notably, a significant portion of these holdings involves leveraging, as the group has secured **$412 million U** in loans using their ETH as collateral across various lending platforms. Thankfully, their leveraged positions appear to be stable, with liquidation thresholds comfortably situated beneath **$1,100**. This activity underscores the increasing involvement of institutional players in the ETH market, reflecting both confidence and strategic positioning amidst ongoing market fluctuations.