Major Ethereum Whale Acquires 20K ETH Amid Market Dip

A prominent cryptocurrency whale, known as ‘7Siblings,’ has made a significant move by acquiring an estimated 20,000 ETH during a period of market downturn. This large transaction was facilitated by key liquidity providers like Coinbase, Wintermute, and FalconX. The purchase resulted in immediate pressure on the Ethereum price, potentially affecting DeFi protocols and major trading venues connected to the asset.