Whale Entity Borrows $30 Million in USDT to Accumulate Ethereum
The on-chain entity known as 7 Siblings returned to Ethereum accumulation after a four-month lull, borrowing stablecoins through Spark and buying ETH during the latest market decline. Lookonchain reported on June 4 that the whale first borrowed 10 million USDT from Spark and bought 5,589 ETH at an average price of about $1,789.