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Looking at the recent surge of ETH, I can't help but think of those early pioneers who dared to buy the dip. Besides well-known industry insiders, there is also a mysterious organization, 7 Siblings, operating behind the scenes.
Since October last year, this organization has been making large on-chain purchases at an average price of $3479 , acquiring a total of 48,588.72 ETH and investing 169 million USD. From another perspective, their cost basis hasn't been broken even yet; ETH needs to rise another 322 dollars for them to return to their recent average purchase price.
What's even more interesting is that this organization currently holds a total of 252,000 ETH on-chain, with a total value exceeding 800 million USD. This scale demonstrates their strong confidence in the long-term trend of Ethereum. Judging from their size of accumulation and holdings, major players are quite optimistic about this market cycle.