The giant whale/institution "7 Siblings" borrowed 40 million USDC from Aave to start bottom-fishing ETH

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, the whale/institution "7 Siblings," which has repeatedly bottom-fished ETH after significant drops, has started to accumulate ETH again after today's decline. They borrowed 40 million USDC from Aave and have spent 5 million USDC in the past hour to buy 1,326 ETH at a price of 3,771 USD.

This whale/institution has previously bottom-fished ETH after significant drops and made substantial profits:

• On August 5 last year, when ETH dropped by 15%, they bought 100,000 ETH at around 2,270 USD;
• On April 7 this year, when ETH dropped by 10%, they bought 25,000 ETH at around 1,700 USD.