Odaily Planet Daily reports that on-chain analyst Yu Jin has detected the whale address 7 Siblings borrowing another 20 million USDT from lending protocol Spark and immediately using the stablecoins to buy ETH.
This repeats a pattern seen in the past, where the whale has consistently leveraged Spark loans to accumulate Ether. While the exact purchase price and amount remain undisclosed, the repeated large-scale buying underscores a bullish accumulation strategy.
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