As market prices plummeted, the mysterious whale "7 Siblings" went on a buying spree, scooping up nearly 37,971 ETH in just two days, with over $130 million quietly injected into the market. As Ethereum prices continued to fall, the mysterious whale "7 Siblings" once again demonstrated its role as a "bottom-fishing pioneer."
According to on-chain data, over the past two days, this well-known whale spent 133.49 million USDC to purchase 37,971 ETH, at an average price of only $3,515.
1. Contrarian Buying: Whale Goes on a Buying Frenzy in Two Days
Amid widespread market panic, "7 Siblings" showcased its "be greedy when others are fearful" trading style.
● According to AiYi monitoring, on November 5, this bottom-fishing pioneer once again borrowed 61 million USDC to purchase 18,053 ETH. Combined with the previous day's purchase of 15,092.8 ETH recorded by Hyperinsight, "7 Siblings" bought a total of 37,971 ETH in two days
● Even more noteworthy, these transactions were executed through address 0x741aa7cfb2c7bf2a1e7d4da2e3df6a56ca4131f3, and the entity used multiple associated addresses for operations.
● Their buying strategy was not a one-off, but rather accumulating in batches and gradually absorbing chips. These transactions were conducted through multiple addresses, including 0x741aa7cfb2c7bf2a1e7d4da2e3df6a56ca4131f3 and 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0.
The table below shows the detailed trading records of "7 Siblings" over the past two days:
2. Leveraged Tactics: The Whale’s Unique Trading Strategy
The trading tactics of "7 Siblings" are quite distinctive among whales, with a core focus on a leveraged accumulation strategy.
● This entity does not use only its own cash, but rather uses its ETH holdings as collateral to borrow USDC and other stablecoins from lending protocols such as Aave, and then immediately uses the borrowed funds to buy more ETH. For example, in the November 5 operation, they borrowed 61 million USDC to purchase 18,053 ETH. This approach is equivalent to leveraging, which can amplify returns but also comes with risks.
● However, some analysts have pointed out that their loan position’s liquidation price is controlled below $1,100, meaning that unless ETH experiences an extreme crash, their position is relatively safe.
● Looking at the timeline, "7 Siblings" has consistently adhered to its "buy the dip" core strategy from the end of 2024 through all of 2025. Historical records show that this entity has a keen sense of timing, with key large purchases often occurring precisely at market cyclical bottoms.
For example, during the market downturn in August 2024, it purchased 100,000 ETH at an average price of about $2,270, after which ETH began a long-term upward trend. From February to April 2025, it made several large purchases in the $1,700 to $2,480 range, successfully capturing the year's lows.
Even after buying at around $3,731 in October 2025 and the market subsequently declined, it remained bullish on the future and saw the drop as a good opportunity to further increase its position, investing over $130 million to bottom-fish during the panic in early November. This series of operations clearly demonstrates its contrarian investment mindset and skilled approach to accumulating positions in batches amid market volatility.
3. Buy Low, Sell High: An Impressive Track Record
● "7 Siblings" does not simply hold; it also partially sells at high prices to lock in profits, demonstrating precise timing ability. In August 2025, when Ethereum exceeded $4,500, they sold 19,461 ETH at an average price of about $4,532, earning about $88.2 million in profit.
● Even after that significant reduction, "7 Siblings" still retained a large ETH reserve, indicating continued confidence in Ethereum's long-term value.
● The entity’s name may be derived from the famous Saudi Arabian "Sudairi Seven Brothers" in the real world, representing a powerful alliance composed of several key members or parts, jointly managing vast funds. By continuously accumulating chips at low prices and then realizing profits in multiple batches near cyclical highs, its strategic layout and timing abilities are outstanding.
4. Market Impact: Signals from Collective Whale Actions
The large-scale bottom-fishing by "7 Siblings" occurred in a specific market context, sending out multiple signals.
● In this market correction, "7 Siblings" was not the only one bottom-fishing Ethereum. An address suspected to belong to Bitmine also increased its holdings by 10,000 ETH, worth about $32.72 million.
● Meanwhile, another whale who previously borrowed 66,000 ETH has fully repaid the loan, deposited USDC into Binance, and withdrawn 34,155 ETH (about $111.6 million) from Binance, apparently buying the dip.
The collective actions of these whales seem to suggest that after a significant pullback, Ethereum has entered a valuation range recognized by institutions.
● The difference between whales and ordinary investors becomes apparent at times like this. When seismic market moves cause retail investors to panic sell, whales like "7 Siblings" see an opportunity to enter. From a market perspective, the current crypto market is experiencing violent swings. At the same time, Ethereum's price has been particularly weak, once falling below the key support level of $3,500.
5. Whales Are Not Always Invincible
Although "7 Siblings" has an impressive track record, on-chain analysts also cautiously point out that blindly following whale trades carries significant risks.
● A recent example is the trader once hailed as the "100% win-rate insider whale", who suffered a floating loss of nearly $40 million during the past week's market volatility, eventually liquidating and taking a loss of $39.37 million. This whale, who once had a stellar record, opened BTC and ETH long positions at the end of October, with floating profits exceeding $10 million in three days, but the positions quickly turned into losses as the market declined.
● By October 31, the floating loss on their long positions had increased to over $16 million, with ETH longs losing $4.31 million, BTC longs losing $3.27 million, and SOL longs losing $9.16 million. Even more ironically, due to the "100% win-rate insider whale's" outstanding past performance, there were many copy traders in the market.
● As the market continued to fall, these copy traders also suffered corresponding losses. One copy trader lost about $217,000 in just four hours, while another lost about $1.061 million within 24 hours.
On-chain data shows that after "7 Siblings" made these purchases, the entity's total investment reached 133.49 million USDC, acquiring 37,971 ETH. The collective actions of these whales indicate that after a significant pullback, Ethereum has entered a valuation range recognized by institutions.
But as the "former 100% win-rate whale" who lost $39.37 million proved, there is never certainty in the market. Whales can also run aground, and after the storm, the truly successful investors are always those who can remain rational and stick to their strategies.
