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The Mysterious Giant Group Continues to Buy Ethereum by Selling This Altcoin! - Coin Bulletin
The mysterious "7 Siblings" group continues to acquire ETH by selling Maker
The on-chain analysis platform Lookonchain shared the latest move of the mysterious whale group known in the crypto market as "7 Siblings" ( Kardeş). According to this, the group exchanged a total of 1,611 MKR for 1,364 ETH for approximately 2.25 million dollars in the last 2 days.
This move indicates that the group continues to accumulate ETH. In particular, their shift towards Ethereum by exiting long-term investment instruments such as MKR, which is the governance token of MakerDAO, is interpreted as a sign of confidence in ETH.
(# They had also made a large purchase of ETH on April 7.
7 Siblings was also on Lookonchain's radar on April 7th. The group purchased 24,817 ETH for 42.2 million dollars at a price of 1,700 dollars that day. Since February 3rd, their total purchases have reached 103,543 ETH, spending approximately 229.7 million dollars on these transactions.