Whale 7 Siblings has a total position of 660,000 ETH, and the clearing price of the borrowing position is less than $1100

According to on-chain data analyst Ember, the whale/institution address 7 Siblings continued to buy ETH in the past 10 hours, spending a total of 42.66 million USDC to buy 25,102 ETH, with an average price of $1,700. He/they hold more than 660,000 ETH (about $1.037 billion). These ETH are also leveraged, and they borrowed 412 million U from multiple lending agreements through collateralized ETH. These borrowing positions are currently healthy, and the clearing price is below $1,100.