A whale is shedding.

The price of Ethereum (ETH) recently surpassed $4,600, notably due to massive investments in ETH ETFs. And it seems that some whales (large holders of cryptocurrencies) are taking this opportunity to start taking their profits. Indeed, an entity nicknamed "7 Siblings" by observers sold tens of millions of dollars worth of ethers in just a few hours, as we will see.

According to tracking data from Lookonchain, published this Wednesday, August 13, 2025, on X, an Ethereum whale holding about 1.21 million ETH, or approximately $5.6 billion, began selling some of its