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Whale/institution "7Siblings" started to buy the dip in ETH by borrowing 40 million USDC from Aave.
BlockBeats news, on October 11, according to on-chain data analyst Yu Jin's monitoring, the whale/institution "7 Siblings", which has repeatedly bought the dip on ETH after big dumps, has started to buy the dip on ETH again after today's big dump. They borrowed 40 million USDC from Aave and have spent 5 million USDC to buy 1,326 ETH in the past hour, at a price of 3,771 USD. This whale/institution has previously bought the dip on ETH multiple times after big dumps and has made considerable profits: · On August 5 last year, when ETH fell by 15%, they bought 100,000 ETH at around 2,270 USD; · On April 7 this year, when ETH fell by 10%, they bought 25,000 ETH at around 1,700 USD.