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Mysterious Whale Buys 14,254 Ethereum, Spends $52.47 Million
A mysterious cryptocurrency whale with the wallet name ‘7 Siblings’ went on an Ethereum shopping spree on Tuesday. The anonymous whale spent a whopping $52.47 million to accumulate 14,254 ETH as its price dipped to the $3,681 level. The whale has already taken a $50 hit as ETH is now trading at the $3,631 range in the charts.
Lookonchain metrics was the first to dish out the $52.47 million Ethereum whale transaction, taking data from DeBank. The identity of the mysterious whale remains unknown except for the pseudonymous wallet name. The same ‘7 Siblings’ whale has been accumulating tokens at every dip this year. The market has been heavily bullish on Bitcoin and ETH while other altcoins and meme coins struggle.
Also Read: The Only Way Ethereum Price Hits $21K, According to Fundstrat’s Tom Lee
Also Read: The Only Way Ethereum Price Hits $21K, According to Fundstrat’s Tom Lee## Wallet ‘7 Siblings’ Whale Has Purchased Ethereum At Every Dip in 2025
It is not known if the 7 Siblings wallet is an individual trader or an entity. The scale of the purchases is huge, making profits in the millions. ETH is among the most sought-after and trusted cryptocurrencies by retail and financial entities. After reaching an all-time high of $4,946 in August, Ethereum cooled down in price and is down nearly 27% from its ATH.
Also Read: Ethereum November Prospects: How High Can ETH Price Rise Next Month?
**Also Read: Ethereum November Prospects: How High Can ETH Price Rise Next Month?**The bulls are confident that Ethereum could reclaim its ATH sooner than expected. Retail holders and institutional funds have been relentlessly buying Bitcoin and Ethereum as analysts predict soaring price targets. The clear support from the White House on the cryptocurrency market is also among the reasons for the bullish thesis.