Seven Siblings borrows $58M to buy 32,919 ETH

Seven Siblings, an entity known for buying Ethereum during price dips, borrowed $58 million in USDS (approximately 90 billion won) from the DeFi lending protocol Spark (SPK) today to purchase 32,919.2 ETH, according to on-chain analyst EmberCN. The entity's average purchase price for ETH today was $1,762.