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Entity buys 10,792 ETH for $22M after 15% price drop, following a pattern of buying dips and selling gains.

Market News
11 Nov 2026, 23:43 WIB
Tokenpost
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Bullish
Entity buys 10,792 ETH for $22M after 15% price drop, following a pattern of buying dips and selling gains.

The entity known as "7 Siblings" purchased 10,792 Ether (ETH) for about $22 million at a price of $2,038 per ETH after the token's price dropped 15%. This follows their August sale of 18,500 ETH at $2,356, which earned them a $10.49 million profit. Their trading strategy involves buying ETH after short-term declines of more than 10% and selling after short-term gains above 10%. This pattern suggests a tactical approach to capitalize on Ether's price volatility.

The story about '7 Siblings' buying Ether (ETH) is presented here with context from Pluang's cryptocurrency market. For readers following crypto assets, here is Pluang's market snapshot as of Nov 12, 2026 04:22 WIB: Among 50 major cryptocurrencies, 31 rose and 18 fell today. Comparing price changes, THETA gained 1.95% with a typical hold time of 78 days and a heavy sell order activity of 99%, while FTM dropped 2.05% and SAND fell 1.71%, with typical hold times of 89 and 125 days respectively.

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