Institutional Secret Warfare with Ethereum: "7 Siblings" Quietly Accumulated Over $800 Million, and the ETH Ecosystem Launched a "Silent Revolution"



Mysterious entities have emerged, and the scale of holdings has shocked the market

While the entire crypto market is still discussing the flow of funds for Bitcoin ETF, an institutional structure called "7 Siblings" is quietly rewriting the power structure of Ethereum. According to the latest blockchain analyst monitoring, the institution currently holds 252,000 ETH with a total value of over $800 million, rising to fifth place in the institutional asset ranking, even surpassing the public assets of the Ethereum Foundation.

The significance of this data lies in the fact that although retail investors are still debating "whether ETH is forgotten," whales have already responded with their actions. The ownership trajectory of "7 Siblings" began in October 2024, and since then, the company has acquired a total of 48,588.72 ETH, investing approximately $169 million USD, with an average price of $3,479 per token. This means that compared to the current market price, its last position still faces a floating loss of about $322.

But this is the most interesting part of the story — the continued increase in assets in a floating loss, rather than through short-term arbitrage.

The logic of institutional trading has shifted: from "speculation" to "grain storage"

The operational model of "7 Siblings" demonstrates a profound shift: the attitude of institutional investors towards ETH has changed from a "swing trade" to a "strategic reserve." This change resonates with recent actions by many institutions:

"Ethereum Faith" by Bitmine: Just this week, Bitmine, led by legendary Wall Street analyst Tom Lee, announced that its ETH assets exceeded 4.1 million, accounting for over 3% of the total supply, and is accelerating its staking program. The company, listed on the US stock market, positions itself as a "long-term guardian of Ethereum."

"Bitcoin Obsession" Strategy: Although Strategy just increased its assets by 1,229 BTC worth $109 million, its logic of accumulating core crypto assets is similar to "7 Siblings" — using market correction periods to create strategic reserves regardless of short-term profits and losses.

Cross-border positioning of Korean financial giants: Mirae Asset announced its intention to acquire 92% of the shares of the Korbit exchange for $97 million, confirming that traditional financial institutions are shifting from "wait and see" to "deep involvement."

These seemingly independent actions actually reflect the same picture: in 2025, the crypto market is transitioning from retail trading to institutional, evolving from trading mindset to configurational thinking.

Ethereum Foundation Surpassed: A Symbolic Turning Point

Ownership of "7 Brothers and Sisters" exceeds that of the Ethereum Foundation, and behind this symbolic event lies a deeper meaning.

As a developer and supporter of the protocol, ETH assets of the Ethereum Foundation are mainly used for ecological funding and operational expenses, effectively as a "functional reserve." Institutional owners like "7 Brothers and Sisters" represent "capital reserves" — they buy ETH not because they need to pay for gas or fund developers, but because they believe in ETH as a store of value and its future growth potential as a digital asset.

This transcendence means that the value of Ethereum is independently verified by external capital, not solely relying on the narrative of the internal ecosystem. When capital began supporting ETH with its own balance sheet, the asset attributes already exceeded the initial positioning of "functional tokens."

Institutional Calculation of Floating Loss: Time for the Space

It is worth noting that the cost of opening a position in "7 Siblings" is higher than the current market price, which seems incomprehensible in traditional investment logic. But the institutional players' abacus is evidently different:

First, they are targeting a revaluation over the next 2-3 years, not short-term spreads. Ethereum Layer 2 ecosystem, enterprise application deployment, and possible monetary policy adjustments — all are medium- and long-term catalysts.

Second, the cost of institutional capital differs from retail investors. For institutions managing billions or even tens of billions of dollars in assets, $3,479 ETH is not so much "high absorption" but "smart allocation." They seek the overall risk-adjusted return of their asset portfolio, not the profit and loss ratio of a single trade.

Third, staking yields provide a cushion. The current annual staking yield for ETH is about 3-4%, which not only reduces costs but also provides a stable cash flow for long-term holders.

Market Impact: From "Liquidity Traps" to "Value Falls"

The continuous entry of entities like "7 Siblings" is changing the ETH market structure. On one hand, a large portion of ETH is locked in long-term addresses, reducing circulating supply; on the other hand, institutional accumulation behavior has lowered market turnover, making price discovery mechanisms more dependent on fundamentals rather than emotions.

This change may manifest as "liquidity exhaustion" in the short term — Bitcoin ETFs have shown net outflows for four consecutive weeks, accumulating $1.2 billion, and overall market trading activity has decreased. However, in the long run, concentration of core assets in trusted hands often signals the beginning of a major market.

Historical data shows that when Bitcoin hit bottom at $3,000 in 2019-2020, it was also a period of institutional accumulation. At that time, Grayscale Trust continued increasing its assets, while retail investors decided to leave the market due to the bear market trauma. The next story is well known.

Outlook for 2026: The First Year of "Institutionalization" of Ethereum?

A recent report by Kantor Fitzgerald warns that "2026 may bring a crypto winter," but also clearly states that it will be a "more institutionalized and orderly" market correction period. This aligns fully with the logic of "7 Brothers and Sisters" — a cold winter is not a catastrophe but a season of discounts on quality assets.

Currently, the Ethereum ecosystem is undergoing a key transformation:

• Technical level: Layer 2 solutions are becoming more mature, reducing load on the main network and paving the way for large-scale applications

• Policy level: The SEC’s definition of ETH securities attributes is usually clear, reducing regulatory uncertainty

• Application level: In the wave of RWA tokenization, (Real-World Assets), ETH’s status as a base settlement asset has been strengthened

• Capital level: From "7 Siblings" to Bitmine, institutional assets have reached historic highs

Together, these factors form the "long logic" of institutions. They are betting not on the price of the next month but on Ethereum’s central role in future financial infrastructure.

Illumination for Investors: Walking with Giants

For ordinary investors, data on the positions of "7 Brothers and Sisters" is an important measure to consider:

First, institutional floating losses are not equivalent to retail trading traps. On the contrary, when institutions continue to increase their positions in a "quilted" state, it often indicates that their valuation of the asset significantly exceeds the current price.

Second, the process of ETH "institutionalization" is irreversible. As more traditional financial institutions obtain qualification for crypto asset custody, ETH is shifting from a "risky asset" to an "alternative investment standard."

Finally, time becomes the most critical variable. Institutional balances provide a price floor for ETH, but creating room for growth requires time. For investors who cannot withstand a 2-3 year lock-up period like institutions, fixed investments may be the best strategy.

Conclusion: The Silent Consensus Is Deafening

"7 Brothers and Sisters" have not published a white paper about a grand vision, nor held a loud press conference, but only wrote decisions with on-chain agreements. This silence is louder than any market noise.

When Ethereum Foundation assets surpass, we see not only a change in ranking but also the maturity of crypto assets from "idealist experiments" to "realistic distributions." Institutions are voting with real money, and their floating losses could become a lower safety net for the next generation of investors.

What will be the future market dynamics? Will these whales change their strategies due to short-term fluctuations? Can ETH establish the status of an "institutional-level asset" by 2026?

The answer is not in candlestick charts but in the choices of each participant.

What do you think about the behavior of "7 Brothers and Sisters"? Where do you think further institutional entry into ETH will lead? Feel free to share your thoughts in the comments!

If you believe this article provides valuable market insights, please like and retweet it so more people can see how institutional funds are changing the crypto landscape. Follow us for deeper data analysis and institutional trend interpretation! What are your unique views on the long-term value of ETH? Leave a message to let us know, as high-quality reviews will have the opportunity to receive exclusive market analysis reports!

Disclaimer: This article is for informational purposes only and does not constitute investment advice. The crypto market is volatile; make informed decisions based on your risk tolerance.
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Institutional Shadow War on Ethereum: "7 Siblings" quietly accumulating over $800 million in ETH, ushering in a "Silent Revolution" in the ETH ecosystem

A mysterious institution emerges, with holdings shocking the market

While the entire crypto market is still debating the flow of funds into Bitcoin ETFs, an entity called "7 Siblings" is quietly rewriting the power landscape of Ethereum. According to the latest on-chain analysis, this institution currently holds 252,000 ETH, with a total value surpassing $800 million, climbing to the fifth-largest institutional holder, even surpassing the Ethereum Foundation’s own public holdings.

The impact of this data is: while retail investors are still debating whether "ETH has been forgotten," whales have already given the answer through action. The "7 Siblings" began accumulating ETH in October 2024, purchasing a total of 48,588.72 ETH, investing approximately $169 million, with an average cost of $3,479 per ETH. This means that compared to the current market price, their recent position still faces an unrealized loss of about $322 per ETH.

But this is precisely the most intriguing part of the story—continuing to buy during unrealized losses, rather than engaging in short-term arbitrage.

Institutional Strategy Shift: From "Speculation" to "Accumulation"

The operation mode of "7 Siblings" reveals a deeper transformation: institutional investors’ approach to ETH has shifted from "swing trading" to "strategic reserves." This change resonates with recent actions by multiple institutions:

Bitmine’s "Ethereum Faith": This week, Bitmine, led by Wall Street legend analyst Tom Lee, announced its ETH holdings have exceeded 4.1 million ETH, accounting for over 3% of the total supply, and is accelerating its staking plans. This US-listed company positions itself as a "long-term guardian of Ethereum."

Strategy’s "Bitcoin Obsession": Although Strategy recently increased its BTC holdings by 1,229 BTC with $109 million, its logic of accumulating core crypto assets is similar to "7 Siblings"—using market downturns to build strategic reserves regardless of short-term gains or losses.

Korean Financial Giants’ Cross-Border Moves: Mirae Asset reportedly plans to acquire a 92% stake in exchange Korbit for $97 million, confirming that traditional financial institutions are shifting from "wait-and-see" to "deep participation."

These seemingly independent actions actually sketch the same picture: by 2025, the crypto market is transitioning from retail-driven to institution-led, evolving from trading to strategic allocation.

Ethereum Foundation Surpassed: A Symbolic Turning Point

The fact that "7 Siblings" now hold more ETH than the Ethereum Foundation carries deeper implications.

The Ethereum Foundation, as the protocol’s developer and maintainer, mainly holds ETH for ecosystem funding and operational expenses—essentially a "functional reserve." In contrast, institutions like "7 Siblings" represent "capital reserves"—they buy ETH not to pay gas fees or fund developers, but because they believe in ETH’s store of value and future appreciation potential.

This surpassing signifies that Ethereum’s value is being independently validated by external capital, no longer relying solely on internal ecosystem narratives. When capital begins to back ETH with its own balance sheet, its asset attributes have transcended the original role of a "functional token."

Institutional Calculations Behind Unrealized Losses: Time for Space

It’s worth noting that "7 Siblings"’s cost basis is higher than the current market price, which might seem counterintuitive in traditional investing logic. But institutional players have a different calculus:

First, they are targeting a revaluation over the next 2-3 years, not short-term price swings. Ethereum’s Layer 2 ecosystem, enterprise applications, and potential monetary policy adjustments are long- to mid-term catalysts.

Second, their capital costs are incomparable to retail investors. For institutions managing billions or even hundreds of billions of dollars, paying $3,479 per ETH is more about "reasonable allocation" than "high-cost entry." They seek overall portfolio risk-adjusted returns, not individual trade profits.

Third, staking yields provide a cushion. Currently, ETH staking yields around 3-4% annually, which for long-term holders not only reduces effective costs but also generates stable cash flow.

Market Impact: From "Liquidity Trap" to "Value Sedimentation"

The continuous influx of institutions like "7 Siblings" is changing ETH’s market structure. On one hand, large amounts of ETH are locked in long-term addresses, reducing circulating supply; on the other hand, their "accumulation" behavior lowers market turnover, making price discovery more reliant on fundamentals rather than sentiment.

This shift may initially manifest as "liquidity drying up"—Bitcoin ETF outflows have continued for four weeks, totaling $1.2 billion, and overall market trading activity has declined. But in the long run, concentration of core assets among strong hands often signals the beginning of a major rally.

Historical data shows that during the 2019-2020 bottom at around $3,000, institutional accumulation was also prominent. Grayscale Trust kept increasing holdings while retail investors exited due to bear market trauma. The subsequent story is well known.

2026 Outlook: Ethereum’s "Institutionalization" Year?

Cantor Fitzgerald recently issued a report warning that "2026 could see a crypto winter," but also emphasized that this will be a period of "more institutionalized, more orderly" market correction. This aligns perfectly with "7 Siblings"’s logic—winter isn’t a disaster but a discount season for quality assets.

Currently, Ethereum’s ecosystem is undergoing key transformations:

• Technical: Layer 2 solutions are maturing, reducing mainnet load and paving the way for large-scale applications

• Policy: US SEC’s stance on ETH’s security status is becoming clearer, reducing regulatory uncertainty

• Application: In the wave of RWA (Real World Asset) tokenization, ETH’s role as a settlement asset is being reinforced

• Capital: From "7 Siblings" to Bitmine, institutional holdings have reached historic highs

These factors form the basis of the "long position" logic for institutions—they are betting not on next month’s price but on Ethereum’s central role in future financial infrastructure.

Investor Takeaways: Walking with Giants

For ordinary investors, the holdings data of "7 Siblings" offers important insights:

First, unrealized losses for institutions do not mean retail traps. On the contrary, when institutions continue to buy during "being trapped," it often indicates their judgment of asset value far exceeds current prices.

Second, the "institutionalization" of ETH is irreversible. As more traditional financial institutions gain custody licenses, ETH is shifting from a "risk asset" to an "alternative investment staple."

Third, time is the most critical variable. Institutions use their balance sheets to set a price floor for ETH, but the upside potential requires time. For investors unable to lock in 2-3 years like institutions, dollar-cost averaging may be the best strategy.

Conclusion: Silent Consensus, Deafening Impact

"7 Siblings" has not published grand whitepapers or held high-profile launches; they are simply writing their judgment through on-chain transactions. This silence is more powerful than any market noise.

When the Ethereum Foundation’s holdings are surpassed, we see not just a change in rankings but the maturation of crypto assets from "ideological experiments" to "pragmatic allocations." Institutions are voting with real money, and their unrealized losses may serve as the bottom safety net for the next generation of investors.

How will the market perform afterward? Will these whales adjust strategies due to short-term volatility? Can ETH establish itself as an "institutional-grade asset" by 2026?

The answer is not in the K-line chart but in every participant’s choice.

What are your thoughts on "7 Siblings"’s holdings? Where do you think institutional continuous entry will lead ETH? Share your views in the comments!

If you found this article insightful, please like and share to let more people see how institutional funds are reshaping the crypto landscape. Follow us for more in-depth on-chain data analysis and institutional trend insights! What is your unique perspective on ETH’s long-term value? Leave a comment—top comments will have a chance to receive exclusive market analysis reports!

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile; please make decisions cautiously according to your risk tolerance.
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