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TechFlow news, April 11 — According to on-chain analyst Spot On Chain (@spotonchain), about seven hours ago, an address created a new wallet and purchased a total of 9,610 ETH (approximately $14.54 million). The address first withdrew 5,000 ETH from Kraken as collateral, borrowed $7 million in USDS on Spark Protocol, then used the funds to buy 4,610 ETH at around $1,518 each, indicating a bullish outlook on ETH's future price movement.
According to on-chain analyst Spot On Chain (@spotonchain), about 7 hours ago, an address created a new wallet and purchased a total of 9,610 ETH (approximately $14.54 million). The address first withdrew 5,000 ETH from Kraken as collateral, borrowed $7 million in USDS on Spark Protocol, then used the funds to buy 4,610 additional ETH at around $1,518 each, indicating a bullish outlook on future ETH price movements.
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