**7 Siblings** enters the Ethereum whale club. Holding 252,000 ETH, what does it signify?

Recently, there has been a noteworthy trend in the crypto market—a whale named **7 Siblings** has quietly accumulated an astonishing amount of Ethereum assets. According to on-chain data, this whale now holds 252,000 **ETH**, worth over $800 million, ranking fifth among institutional holders.

## Rapid Accumulation Pace

The main accumulation period for this whale has been from October 2024 to the present. During this time, it purchased a total of 48,588.72 **ETH** at an average cost of $3,479, with a total investment of up to $169 million. Such scale and speed of buying indicate strong confidence from the institution behind it in Ethereum.

## Rapid Market Position Growth

**7 Siblings**' rise has broken the existing pattern of token holdings. It has surpassed the Ethereum Foundation and entered the top 5 global institutional holders. According to the latest on-chain data, the concentration of the top 100 Ethereum addresses has reached 81.96%, indicating that the influence of leading institutions is expanding.

## Market Implications Behind It

Large institutional holdings often signal long-term optimism. The volume of **252,000 ETH** is already a strategic-level deployment for a single institution. Considering the current development of the Ethereum ecosystem and market environment, such active accumulation is easy to understand—this whale is voting with real money.