The mysterious Seven Siblings wallets are buying ETH dip with borrowed UDSC

The recent market dip on ETH reawakened one of crypto’s mysterious entities, the Seven Siblings ￰1￱ wallets borrowed $20M USDC to acquire more ￰2￱ Seven Siblings wallets reawakened during the latest market downturn, as ETH dipped to the $3,700 range ￰3￱ entity bought in at $3,754 per ETH, retaining $10M for further ￰4￱ Mysterious Whale/Institution "7 Siblings" borrowed $20M $USDC to buy 2,664 $ETH for $10M $USDC at a price of $3,754. It still hold $10M $USDC , likely to buy more. Address: 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0 Data @nansen_ai ￰5￱ — Onchain Lens (@OnchainLens) October 17, 2025 The whale wallets used CowSwap to make a series of ETH orders on decentralized ￰6￱ the purchases were completed, the multi-wallet entity held 96% of its reserves in ETH, for a total of over $818M , with over $445M staked on Aave and holdings on several smaller L2 ￰7￱ activation of the Seven Siblings wallets has historically been a sign of a market ￰8￱ seven connected wallets have bought during previous liquidation rallies, going as low as $1,700 per ETH in April ￰9￱ buying started just as ETH price managed to liquidate most of the larger long ￰10￱ liquidity remains down to the $3,500 per ETH range, suggesting the recent market slide may reverse ￰11￱ time around, the wallets have not bought all the ETH at once, potentially anticipating more opportunities for a lower price ￰12￱ wallets have also staked some of their ETH on Aave, holding several varieties of wrapped ETH tokens from different DeFi ￰13￱ Seven Siblings also bought 6,149 ETH during the October 11 liquidation event , extending their acquisition streak during subsequent market ￰14￱ ETH done with the slide?

ETH dipped to the $3,700 range, as BTC abandoned its previous higher tier and sank below $105,000. The rapid shift in trading sentiment suggests the crypto market is not yet finished with its price ￰15￱ broke down further in the past 24 hours, losing the $3,700 range on continued panic and liquidations. |) at $3,775, taking a $4.56M loss! Looks like this hacker isn't much of a trader — always buying high and selling low. ￰0￱ ￰16￱ — Lookonchain (@lookonchain) October 17, 2025 Additionally, on-chain data suggests exchanges sold ETH, adding to the long liquidations in the past ￰17￱ the recent market slide, liquidations are starting to affect DeFi ￰18￱ liquidations put more ETH in the hands of DeFi protocols, potentially increasing the selling ￰19￱ up to Bybit and start trading with $30,050 in welcome gifts