Seven Siblings Wallets Acquire 2,664 ETH Amid Market Dip

2025-10-17 20:46

The Seven Siblings wallets have made a significant move by purchasing 2,664 ETH at approximately $3,754 each during a market dip. This acquisition was facilitated by borrowing $20 million in USDC, with $10 million retained for future purchases. The wallets now hold around 96% of their reserves in ETH, with over $445 million staked on Aave and assets distributed across multiple Layer 2 solutions. On-chain data reveals that ETH open interest stands at approximately $18.37 billion. In the past 24 hours, around 291,122 traders have been liquidated, with over $121 million in ETH liquidations occurring in the last four hours, highlighting the volatility in the market.

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