Whale Borrows 30 Million USDS on Spark and Buys 18,212 ETH, On-Chain Data Shows
2026-06-07 09:43:47
A whale used a looping loan strategy to borrow 30 million USDS from Spark by collateralizing ETH, then purchased 18,212 ETH at an average price of $1,647. According to BlockBeats On-chain Detection, the transactions occurred about 15 minutes before the monitoring update on June 7.
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