Key Notes

7 Siblings started selling ETH as soon as the price broke $4,500.

The mysterious group reportedly has 1.2 million ETH tokens.

Ethereum remains strong with ETF inflows despite the selloffs.

7 Siblings, a mysterious group that’s been accumulating Ethereum ETH $4 622 24h volatility: 7.1% Market cap: $557.90 B Vol. 24h: $60.12 B for over five years, has started selling, according to Lookonchain. The market analytics firm wrote in an X post that 7 Siblings, with a total of 1.21 million ETH tokens, worth $5.6 billion at the current price range, started swapping Wrapped ETH to USDC USDC $1.00 24h volatility: 0.0% Market cap: $66.29 B Vol. 24h: $14.64 B .

The mysterious group "7 Siblings" with 1.21M $ETH ($5.6B) is sell

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