7 siblings ranks as the 5th largest ETH holder, surpassing institutional investors like the Ethereum Foundation. How to build a position?

On-chain data shows that 7 siblings has become one of the largest institutional holders of Ethereum. According to on-chain analysts monitoring the data, the institution currently holds 252,000 ETH, worth over $800 million, ranking 5th among all institutions and surpassing the Ethereum Foundation. This figure reflects a long-term and steady accumulation strategy.

Accumulation Strategy: 15 Months of Low-Cost Averaging

Entry Timing and Average Price

Since October 2024, 7 siblings has been building a position on-chain, initially purchasing 48,588.72 ETH at an average price of $3,479, with a total investment of $169 million. The timing of this accumulation is noteworthy — during Ethereum’s correction period in fall 2024.

Current Profit and Loss

According to the latest data, ETH is currently priced at $3,156.64. Comparing this to the average purchase price:

Although the purchase price was slightly higher than the current price, 7 siblings’ holdings have expanded from 48,588 to 252,000 ETH, indicating continuous increase in holdings. This demonstrates that their long-term bullish outlook on ETH remains unchanged.

Substantive Significance of Institutional Status

Rise in Ranking

7 siblings’ holding size has jumped from an unknown position to the 5th largest institution, surpassing the Ethereum Foundation. This is not just a numerical change but also reflects:

• Continuous institutional capital optimism towards ETH
• A reshuffle in on-chain large holder landscape
• Active strategic accumulation compared to the Foundation’s passive holdings

Market Signal

Large-scale accumulation by major institutions is often viewed as a positive market signal. The actions of 7 siblings indicate that professional investors see current prices as having long-term allocation value.

Key Points to Observe

From an on-chain data perspective, the increase in such institutional holdings has several characteristics:

• Long holding periods, not short-term speculation
• Large single transactions, reflecting strategic thinking at the institutional level
• Continuous increase, indicating sustained bullish sentiment
• Rising ranking, suggesting market structure adjustments

The movements of these major holders often influence market psychology, especially when their holdings reach a certain scale, potentially supporting ETH’s liquidity and price.

Summary

Through nearly 15 months of steady accumulation, 7 siblings has become one of the largest institutional holders of ETH. Although their average purchase price is slightly above the current price, their continuously expanding holdings indicate a long-term strategic layout rather than short-term trading. The ongoing accumulation behavior of such large institutions usually reflects professional investors’ confidence in ETH’s long-term value and warrants market attention.