Independent contributor
@WalleDAO writes this piece below and the numbers are worth flagging.
Of the 1.3M+ ETH that left tracked whale wallets, SparkLend absorbed 88,320 ETH, more than 10x what our No. 1 competitor captured.
Whales didn't go bearish, they just deployed more intelligently.
I tracked 98 ETH whales for six months. Their direct wallet holdings fell 19.2%—but that does not mean 19.2% was sold.
Here’s where 1.37M ETH went across exchanges, staking, Sky, SparkLend, and Aave.
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