TechFlow news, October 11 — According to monitoring by analyst Yujin, the whale/institution "7 Siblings," which previously bought the dip in ETH after sharp declines, has started accumulating ETH again following today's drop: the address borrowed 40 million USDC from Aave and has already used 5 million USDC within the past hour to purchase 1,326 ETH at an average price of $3,771. This institution has previously profited significantly from multiple dip-buying events, including purchasing 100,000 ETH at around $2,270 when ETH dropped over 15% on August 5 last year, and buying 25,000 ETH at approximately $1,700 when ETH fell over 10% on April 7 this year.
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