"7 Siblings" whale group buys Ethereum (ETH): Is $2,400 the bottom?

According to a report by Bijie Network: Ethereum's price has dropped sharply to around $2,400, breaking below key moving averages and the January consolidation range. Amid the sell-off, the whale organization 7 Siblings bought 12,771 ETH within 10 hours at an average price close to $2,427, with a total value of approximately $31 million, continuing their pattern of accumulation during panic declines. Although breaking below the 50-day and 100-day moving averages has established short-term bearish control, the increase in trading volume indicates market capitulation, which may signal that the downward momentum is about to exhaust. If the price clearly falls below $2,400, it could test the support level at $2,200.