F2Pool co-founder WangChun address withdraws 7650 ETH and 124 WBTC worth $20.66M from Binance into Spark Protocol.

Nemorino.eth acquires 7908.3 ETH at $2117.46 average via Cowswap, including 2372.71 ETH leveraged with 5M DAI from Spark protocol.

Justin Sun withdraws 120M SPK tokens worth $5.51M from Spark rewards, deposits to HTX amid $1.3B asset holdings in USDS farming.

Justin Sun injects $1.3 billion into Spark protocol, earning $5.38M in USDS farming rewards amid Ethereum lending surge.

According to @EmberCN, a large ETH borrower on Spark Protocol has 23,800 ETH posted as collateral against 35.27M DAI, with a liquidation level near 1,800 USD; as ETH moved toward 2,000 USD, the wallet began cutting exposure when the gap narrowed to about 250 USD to avoid liquidation (source: @EmberCN on X). For short term traders, the update highlights on-chain leverage concentration and liquidation risk bands around ETH on Spark, making DeFi lending flows a key watch (source: @EmberCN on X).

According to @EmberCN, Trend Research holds up to 651,300 ETH via borrowing leverage, valued around 1.92 billion dollars. According to @EmberCN, another whale known as 7 Siblings holds 596,800 ETH via leverage, valued around 1.765 billion dollars. According to @EmberCN, 7 Siblings typically buys ETH after major drawdowns. According to @EmberCN, 7 Siblings deposited 596,800 ETH across eight addresses into the Spark protocol as part of this leveraged setup.