On-Chain Whale Borrows 30M USDS from Spark via Circular Loan, Purchases 18,212 ETH in 15 Minutes

SPK2.94%
ETH5.92%
According to ChainCatcher, citing on-chain analyst Yujin, a whale borrowed 30 million USDS from Spark protocol via a circular loan 15 minutes ago and used the funds to purchase 18,212 ETH at an average price of $1,647 per token.
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