The Mysterious Giant Group Continues to Buy Ethereum by Selling This Altcoin! - Coin Bulletin

robot
Abstract generation in progress

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.

ETH-2.06%
MKR-1.1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)