Ethereum Whales “Trend Research” and “7 Siblings” Amplify ETH Accumulation

Two major Ethereum whales, Trend Research and ‘7 Siblings,’ are strategically buying ETH post-price drops using leveraged positions, holding billions worth of assets, data from analyst Yu Jin reveals.

These activities highlight significant confidence in Ethereum’s value, influencing market dynamics as whales employ dip-buying strategies amid unrealized losses, potentially signaling future price rebounds.

Whale Activities Highlight Potential Market Impacts

Trend Research currently holds 651,300 ETH, approximately valued at $1.92 billion, facing an unrealized loss of around $163 million. They recently transferred $70 million in USDT to Binance to purchase 24,555 ETH, bringing them back on-chain. Conversely, 7 Siblings holds 596,800 ETH on Spark protocol, borrowing $193 million in stablecoins to enhance their ETH positions.

The dip-buying strategies underscore a high-risk approach, given the Atlantis in leverage and market volatility. Immediate market implications include sustained interest from large holders during downturns, potentially influencing Ethereum’s price movements and attracting investor attention to whale activities.

According to Crypto Analyst EmberCN, both entities maintain significant stakes without direct official commentary or public profiles. As EmberCN noted, “Trend Research holds up to 651,300 ETH via borrowing leverage, valued around 1.92 billion dollars.” This activity has drawn reactions emphasizing the importance of monitoring such large-scale, high-impact changes in Ethereum’s ecosystem.

Market Data and Future Insights

Did you know? Both Trend Research and 7 Siblings continue to choose ETH accumulation during market downturns, echoing historical trends where whales signaled market rebounds following substantial corrections.

Ethereum, currently priced at $3,033.64 with a market cap of $366.14 billion, dominates 12.01% of the crypto market. Recent 24-hour trading volumes show $37.50 billion, increasing 18.34%, while price changes over 7-days signal a -10.17% shift, according to CoinMarketCap.

Coincu research team anticipates that the ongoing Ethereum accumulation by Trend Research and 7 Siblings could indicate potential financial market movements. Despite leveraging positions, regulatory impacts seem minimal yet warrant closer observation of ETH’s role amid future technological changes and adoption trends.