crypto-borrowing

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Trader Deposits 9,500 wstETH to Spark, Borrows 9,500 ETH, and Completes $22.68M USDE Swap on Binance

A cryptocurrency whale created a new wallet and deposited 9,500 wstETH into Spark. The whale then borrowed 9,500 ETH valued at $22.68 million, sent it to Binance for sale, and withdrew USDE to repay loans on Aave. Blockchain analytics firm Lookonchain reported the sequence of tra…