The anonymous, or as some say, mysterious, 7 Siblings has been selling Ethereum like there’s no tomorrow.
7 Siblings, a mysterious group that’s been accumulating Ethereum ETH $2 942 24h volatility: 0.7% Market cap: $355.24 B Vol. 24h: $8.78 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: $76.45 B Vol. 24h: $3.82 B .
The mysterious group "7 Siblings" with 1.21M $ETH($5.6B) is selling $ETH!
Over the past 15 hours, 7 Siblings has sold 19,461 $ETH($88.2M) at an average price of $4,532.
Earlier this year, they bought 103,543 $ETH($229.7M) at $2,219 between Feb 3–Apr 7.https://t.co/zbJlsNo6NA pic.twitter.com/ddvsXueVsH
— Lookonchain (@lookonchain) August 13, 2025
The mysterious group, or as some refer to it as a fund, has sold 19,461 ETH at an average price of $4,532 for a total of $88.2 million since Aug. 12.
Most notably, 7 Siblings purchased 103,543 ETH at $2,219 per token on average for $229.7 million between Feb. 3 and April 7. The group’s last purchase alone brought it a profit of roughly $250 million . Its latest ETH purchase is now worth approximately $480 million.
All-Time High, When?
The leading altcoin remains strong above the $4,600 mark despite the 7 Siblings’ sell-off and the potential negative impact on retail traders.
US-based spot ETH exchange-traded funds recorded a net inflow of $523.9 million on Aug. 12, led by ETHA’s $318.7 million inflows, according to Farside Investors data.
Moreover, the decentralized finance total value locked gained another 5% over the past 24 hours, reaching $156.5 billion. This is the highest TVL recorded since April 2022. Ethereum is leading the ecosystem with a TVL of over $96 billion.
ETH is up 8% in the past 24 hours and is currently trading at $4,620. The king altcoin briefly touched a local high of $4,678 earlier today.
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