TechFlow News — On April 7, according to on-chain data analyst Yujin's monitoring, the whale/institutional address 7 Siblings continued buying ETH over the past 10 hours, spending a total of 42.66 million USDC to purchase 25,102 ETH at an average price of $1,700.
The entity now holds over 660,000 ETH (approximately $1.037 billion). These ETH holdings are leveraged, as they have borrowed 412 million USDC across multiple lending protocols by using ETH as collateral. All borrowing positions remain healthy, with liquidation prices below $1,100.
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