「7Siblings」 Leveraged Long 49,287 ETH at an average price of $3,531, with an unrealized loss of $27.7 million
BlockBeats News, January 21st, according to EmberCN monitoring, "7 Siblings" deposited 596,800 ETH (worth about 1.765 billion US dollars) on the lending protocol Spark through 8 addresses, making them the largest depositor on Spark. They then borrowed 193 million stablecoins (including DAI, USDT, USDS) from Spark.
During the market downturn in October and November last year, these borrowed stablecoins bottomed out and bought 49,287 ETH at an average price of $3,531, currently holding an unrealized loss of $27.7 million.
The 2nd to 7th, 10th, and 11th largest addresses on Spark all belong to "7 Siblings".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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