According to monitoring by on-chain analyst Ember, the prominent whale address “7 Siblings” has once again borrowed 20 million USDT from Spark, a decentralized lending protocol within the MakerDAO ecosystem, and continued to accumulate ETH with the borrowed stablecoins. The address has a history of leveraging loans to increase its Ether holdings. This latest move suggests that the whale remains bullish on ETH, using borrowed funds to maintain an aggressive accumulation strategy.
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