According to Yu Jin monitoring, a certain whale borrowed 50 million USDT from Spark to purchase 20,000 ETH, worth approximately 40.2 million USD. This whale had previously spent 500 million USD to buy BTC and ETH at the beginning of February and liquidated 4,000 cbBTC last month, buying ETH again after a month.
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Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

