Abraxas Capital deposited 60,000 ETH into Spark as collateral in the past 15 hours

According to TechFlow, according to Ember's monitoring, the whale address marked as Abraxas Capital by Arkham has withdrawn a total of 60,000 ETH ($203.06M) from Bitfinex in the past 15 hours. Then these ETH were deposited into Spark as collateral to mint and borrow 101 million DAI, which was converted into 101 million USDC on the chain and then transferred to Binance.