Odaily Planet Daily reported that according to Ember monitoring, 7 Siblings (0x7S…8 addresses ) deposited 596,800 ETH worth $1.765 billion on the lending protocol Spark through 8 addresses, becoming the largest depositor on the Spark protocol. 7 Siblings borrowed 193 million stablecoins from Spark and bought the dip during the decline from October to November last year at an average price of $3,531, acquiring 49,287 ETH. Currently, this operation has an unrealized loss of $27.7 million. Additionally, Trend Research also holds 651,300 ETH through leveraged borrowing, valued at $1.92 billion.
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