A prominent Ethereum whale group, known as ‘7 Siblings,’ has executed significant trades involving both sales and purchases of ETH in recent weeks. This influential group, holding approximately $5.6 billion worth of ETH, has impacted market sentiment with their large-scale moves. The activity suggests a mix of profit-taking and strategic accumulation, likely influencing Ethereum’s short-term price dynamics. Details on these trades show a combination of high sales at over double their acquisition cost and strategic purchases at multi-month lows to average down positions. 7 Siblings has been strategically selling ETH in recent days for substantial gains. Meanwhile, they also made large purchases recently, aiming to average down entry prices or long-term positions, hinting at active portfolio management strategies. The group’s impact on Ethereum’s liquidity is significant given their large holdings and frequent trading activity. However, the influence of these trades will likely be seen across market volumes, with the possibility for short-term volatility.