A crypto whale that had been inactive for nearly two years has resurfaced, according to on-chain monitoring by Onchain Lens. The wallet borrowed 81,640 WETH from decentralized lending protocols Morpho and Spark, with the position valued at about $153.6 million, to carry out an arbitrage trade.
Despite the size of the transaction, the trade produced almost no gain. On-chain data cited in the report showed the arbitrage generated only $1.88 in revenue, while fees came to $1.53. That left a final net profit of just $0.36.
The case stands out for the contrast between the scale of borrowed capital and the tiny return recorded on-chain. No further details were provided in the source report beyond the wallet’s renewed activity, the borrowing venues, the amount of WETH involved, and the final profit calculation.
A crypto whale that had been dormant for nearly two years has become active again, according to on-chain monitoring from Onchain Lens. The wallet borrowed 81,640 WETH from decentralized lending protocols Morpho and Spark, valued at about $153.6 million, to execute an arbitrage trade.
The large transaction produced little return. On-chain data showed the arbitrage generated $1.88 in revenue and paid $1.53 in fees, leaving net profit at just $0.36.
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