The 7 Whale Siblings collectively hold 660,000 ETH. The liquidation price of the loan position is below $1100

According to on-chain data analyst Yu Jing, the whale/institutional address 7 Siblings continued to buy ETH in the past 10 hours, spending a total of 42.66 million USDC to purchase 25,102 ETH at an average price of $1,700. They hold more than 660,000 ETH (approximately $10.37 billion). These ETH are also leveraged; they borrowed 412 million U by collateralizing ETH from multiple lending protocols. These borrowing positions are currently still healthy with liquidation prices all below $1100.