News: The wallet '7 Siblings' is continuing to take profits as $ETH hits $4,600.
• 3 hours ago: Withdrawn 20K $WETH (~$93.3M) from AAVE.
• 15 minutes ago: Started swapping $ETH for $USDC (ongoing).
• 12 hours ago: Took profits on 5,900 $WETH (~$27M), swapped for $USDC, bought $DAI, and paid off AAVE debt.
This wallet currently holds >$700M in $ETH, having taken profits on ~15% of the portfolio.
Although they have started selling, the volume remains small, indicating that they still expect $ETH to exceed its previous peak.