A whale withdrew 30K #ETH ($101.7M) from #Bitfinex 1 hour ago and deposited 20K ETH ($67.8M) into #Spark .

Then he borrowed 34M DAI from Spark, swapped it to 34M #USDC , and deposited it into #Binance .

He currently has 30,151 ETH (102.33) deposited on Spark and 52M DAI borrowed out, the health rate is 1.63.

Spark has announced the Tokenization Grand Prix, a competition to onboard $1 billion in tokenized real-world assets to MakerDAO.

📅 Applications open on August 12, 2024.

#Spark #SparkDAO #makerdao #Maker #BinanceTurns7

(Lookonchain)
A whale unstaked 15,078 #ETH ($60.3M) and deposited it to #Binance and #Bitfinex , possibly selling to repay the debt. He has a debt of 110M $DAI on #Spark and the health rate is 1.57.

TOP 10 #TVL ON #ETHEREUM

$LDO #EigenLayer #AAVE $MKR $UNI #SummerFi $RPL $ETHFI #Spark $CRV

MakerDAO is set to launch its first SubDAO, Spark, which will offer native token SPK and various mining plans. Spark's main products include SparkLend and Cash & Savings, which enable users to borrow DAI.

#makerdao #DAOMaker #DAO #Spark #subdao

M^0 is pleased to announce its participation in the Tokenization Grand Prix by Spark, a project focused on advancing tokenized yield-bearing assets and their integration into decentralized finance.

#Spark #m0foundation #BinanceTurns7 #BinanceHODLerBANANA #maker

TOP 10 #TVL ON #ETHEREUM

$LDO $MKR #EigenLayer $AAVE $UNI $RPL #SummerFi #Spark $CRV $COMP

📈 Lending protocols have added ~$5B in active loans year to date

$AAVE , the leading lending protocol by TVL, accounts for ~$4.5B of this increase. In contrast to the previous ATH in ‘21, both #Spark and #Morpho have entered the top 3, with ~$1.7 and ~$1.1B in active loans, respectively.

MakerDAO is preparing to distribute 600 million US dollars worth of DAI to USDe and sUSDe, introducing key parameter changes for DAI liquidity deployment on Spark in Morpho Blue.

#makerdao #BullorBear #Spark #ethena

This whale (likely Abraxas Capital) has withdrawn 60K #ETH ($206.3M) from #Bitfinex and deposited it into #Spark in the past 16 hours. Then he borrowed 101M DAI from Spark, swapped it to 101M #USDC , and deposited it into #Binance .

A whale unstaked 15,078 $ETH ($60.3M) and deposited it to #Binance and #Bitfinex , possibly selling to repay the debt.

He has a debt of 110M #DAI on #Spark and the health rate is 1.57.
#ETH

A whale is accumulating ETH and going long #Ethereum by revolving loans on #Spark

The whale has withdrawn 39.9K $ETH ($99.5M) from #Binance , #Bybit , #OKEx and #Bitfinex since Feb 1 at an average price of $2,492, and borrowed 56.8M $DAI from Spark
#Write2Earn