This Whale Just Spent $22M Buying the ETH Dip Again
Nov 11, 2026
The wallet known as '7 Siblings' is back at it, scooping up over 10,000 ETH during the latest market dip.
A Familiar Face Shows Up Again
Whenever the market takes a hit, there's one wallet that crypto watchers love to track: 7 Siblings. This address has built a reputation for buying ETH dips during crashes, and it just did it again. On-chain data shows the wallet spent $22 million to scoop up 10,792 ETH at an average price of around $2,038.
Buying While Others Panic
The purchase came during a stretch where Ethereum's price has been under real pressure, dropping alongside the rest of the market as investors weigh rate hike odds and general risk-off sentiment. While plenty of traders were hitting the sell button, this wallet went the other way entirely.
It's a classic contrarian move, and it's not the first time. Whether this ages well depends on where ETH goes from here, but for now, 7 Siblings is once again betting that the dip is a buying opportunity rather than the start of something worse.