Institutional Investor '7 Siblings' Acquires Additional Ethereum Amid Price Drop

According to PANews, the institutional investor known as '7 Siblings' has recently purchased 2,665 Ethereum (ETH) following a price drop of over 7%. The transaction was completed at approximately $3,752 per ETH, totaling around $10 million. This follows their previous acquisition on October 11, where they bought ETH after a similar price decline. In total, '7 Siblings' has invested 23 million USDC to acquire 6,149.6 ETH at an average price of about $3,740.