7 Siblings Whale De Sell $88M ETH as Institutional Inflows Dey Rise
Ethereum whale group wey be 7 Siblings sell 19,461 ETH ($88.2M) for 15 hours, dem dey add short-term profit-taking after 52% rally. Ethereum whale also talk say Ethereum Foundation sell 2,795 ETH ($12.7M), reduce reserve to 99.9 ETH and 11.6M DAI. Even though dem dey sell, institutional inflows strong still, with record $1.01B spot ETH ETF investments and DeFi TVL pass $90B. BitMEX co-founder Arthur Hayes buy back ETH few days after $10.5M sale. Analysts dey forecast say ETH fit reach pass $8,500 if BTC reach $150,000, e dey supported by Standard Chartered raise 2025 target to $7,500, layer-1 scaling plans, and stablecoin growth. Long-term forecast see ETH for $12,000 for 2026 and $25,000 by 2028. ETH dey trade near $4,690, just below im all-time high $4,891.
Bullish
Despite di big Ethereum whale sell-off wey 7 Siblings and di Ethereum Foundation do, strong spot ETH ETF inflows, rising DeFi TVL, and institutional buying dey show say market get bullish momentum. Short-term wahala fit show from people wey wan take profit, but repurchases from people like Arthur Hayes and new price targets from Standard Chartered dey support better outlook. If BTC reach $150K, ETH fit try test pass $8,500, with long-term forecasts reach $25,000 by 2028. All these things show say market go dey bullish.