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TechFlow reports, according to OnchainDataNerd data, after staking 30,000 ETH into Spark, a whale borrowed 51 million $DAI from Spark, swapped it into 52 million $USDC, and deposited all the USDC into Binance. By leveraging this maneuver, he withdrew an additional 30,000 ETH (approximately $101.7 million) from Binance.
According to OnchainDataNerd data, after staking 30,000 ETH into Spark, this whale borrowed 51 million DAI from Spark, swapped it for 52 million USDC, and then deposited all the USDC into Binance. By leveraging this routine, he withdrew an additional 30,000 ETH (approximately $101.7 million) from Binance.
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