According to BlockBeats news, on August 13th, on-chain analyst Yu Jin monitored that the entity '7 Siblings' bought 100,000 ETH at a price of about $2,270 during the big drop on August 5th last year, and they are selling ETH today. So far today, they have sold 19,957 ETH for 90.44 million USDC, with an average selling price of $4,532.
They currently should still hold about 280,000 ETH ($1.3 billion), as they previously bought ETH at the bottom during two major drops:
On August 5th last year, ETH dropped by over 15%, and they bought 100,000 ETH at a price of about $2,270;
On April 7th this year, ETH dropped by over 10%, and they bought 25,000 ETH at a price of about $1,700;
