"Institutional Giant '7 Siblings' Buys $36M ETH, Sparking Recovery Hopes"

Ethereum's recent acquisition of 17,855.3 ETH by an entity known as "7 Siblings" has sparked speculation about a potential market recovery and underlying investor trends. This strategic purchase, valued at approximately $36.68 million, reflects a price average of $2,054 per ETH, mirroring past trends where institutional players capitalize on lower price points.

The accumulation of assets by institutions typically occurs during market downturns, positioning them advantageously for long-term growth. The recent move by "7 Siblings" provides intriguing insights into large-holder strategies, particularly as this entity reportedly manages over 1,169,015 ETH, amounting to approximately $2.53 billion. This unwavering confidence suggests a robust belief in Ethereum's future potential, even as market speculators remain cautious.

Ethereum's address statistics indicate a dynamic landscape, with recent reports showing a total of 847.59K addresses, including 587.72K active addresses as of March 5. This data illustrates a healthy level of engagement among investors. However, the observed decline in new addresses by 2.09% and an uptick in zero-balance addresses by 11.29% serve as a warning signal regarding potential bearish trends.

Comparing the current activity with peak address levels, such as the 160.89K new addresses in early 2021, highlights a continuing trend of investor interest, albeit with a cautionary note due to the rising zero-balance accounts. If Ethereum can stabilize and maintain new address creation above 150K, the market may see strengthened adoption rates. Conversely, ongoing declines could place downward pressure on the price, testing levels below $2,054.

Examining liquidity trends, Ethereum's historical funding volume between 2023 and March 2025 reveals a volatile yet promising trading environment. Peaks reached $4,250 per ETH, followed by a drop to $2,194, and recent price recoveries suggest the possibility of reaching around $2,925 soon.

The recent purchase of 17,855.3 ETH indicates a potential shift in the market's sentiment, raising expectations for further institutional involvement that could mimic the bull