Ethereum Whale ‘7 Siblings’ Offloads $17.2M in Ongoing Sell-Off
Former $ETH billionaire “7 Siblings” has initiated a major sell-off, moving $47M worth of Ethereum to a fresh wallet before offloading $17.2M today.
Arkham Intelligence data shows the wallet still holds over $38M in $WETH and $631M in AARBWETH, with total net worth exceeding $726M. The transfers were executed in large batches of $4M+, routed through CoW Protocol settlements.
Source: Arkham
This activity points to clear profit-taking after Ethereum’s rally past $4,270, with the whale strategically locking in gains while market momentum remains strong. Such moves can weigh on short-term sentiment if selling pressure increases.
7 Siblings remains one of the most closely-watched entities in the #Ethereum ecosystem, with an extensive history of high-value transactions, DeFi activity, and cross-protocol movements. Market watchers will be tracking whether this sell-off continues or pauses as $ETH approaches key liquidity levels.
#Bitlayer #BTCOvertakesAmazon #BTCReclaims120K #BinanceAlphaAlert
Arkham Intelligence data shows the wallet still holds over $38M in $WETH and $631M in AARBWETH, with total net worth exceeding $726M. The transfers were executed in large batches of $4M+, routed through CoW Protocol settlements.
Source: Arkham
This activity points to clear profit-taking after Ethereum’s rally past $4,270, with the whale strategically locking in gains while market momentum remains strong. Such moves can weigh on short-term sentiment if selling pressure increases.
7 Siblings remains one of the most closely-watched entities in the #Ethereum ecosystem, with an extensive history of high-value transactions, DeFi activity, and cross-protocol movements. Market watchers will be tracking whether this sell-off continues or pauses as $ETH approaches key liquidity levels.
#Bitlayer #BTCOvertakesAmazon #BTCReclaims120K #BinanceAlphaAlert
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