Justin Sun (@justinsuntron) is actively managing his positions within @sparkdotfi
He just withdrew 60M $USDT from Spark & deposited them into #HTX
๐Current Position:
USDT Savings: $100Mโก๏ธ$40M (-$60M๐)
USDS Pool: $922Mโก๏ธ$722M (-$200M๐)
112M USDC & 53.73KWETH (๐ข Unchanged)
In the meantime, he is rebalancing his $1.3B stablecoin empire between #Sky & #spark
Withdrew 222M $USDS & 132M $USDC from Spark, moving them directly into #Sky
๐ Current Position Shift:
@SkyEcosystem: $332.1Mโก๏ธ$664.7M (+$332.6M ๐)
@sparkdotfi: $1.1Bโก๏ธ$822M (-$278M๐)
Justin Sun (@justinsuntron) deposited 42M $SPK (~$1.23M) into #HTX
๐ด The price dropped from $0.297โก๏ธ$0.287 (-3.37%) following his deposit, triggered by potential selling pressure
Justin Sun (@justinsuntron) deposited 42M $SPK (~$1.23M) into #HTX
๐ด The price dropped from $0.297โก๏ธ$0.287 (-3.37%) following his deposit, triggered by potential selling pressure
In the meantime, he is rebalancing his $1.3B stablecoin empire between #Sky & #spark
Withdrew 222M $USDS & 132M $USDC from Spark, moving them directly into #Sky
๐ Current Position Shift:
@SkyEcosystem: $332.1Mโก๏ธ$664.7M (+$332.6M ๐)
@sparkdotfi: $1.1Bโก๏ธ$822M (-$278M๐)
Justin Sun (@justinsuntron) deposited 42M $SPK (~$1.23M) into #HTX
๐ด The price dropped from $0.297โก๏ธ$0.287 (-3.37%) following his deposit, triggered by potential selling pressure
#Whale Realized $11.9M Profit (ROI: +9.5%)
A whale just exited 60K $ETH from @Aave ($2,283), unlocking $137.82M (ROI: +9.5%). Position was held for 3 months (cost: $2,084)
With Aave WETH utilization easing to 92.42%, the whale seized this fragile liquidity window to withdraw
#Whale Realized $11.9M Profit (ROI: +9.5%)
A whale just exited 60K $ETH from @Aave ($2,283), unlocking $137.82M (ROI: +9.5%). Position was held for 3 months (cost: $2,084)
With Aave WETH utilization easing to 92.42%, the whale seized this fragile liquidity window to withdraw
@ethereumfndn@LidoFinance This liquidity was sourced from a bilateral swap 2 weeks ago, where the Ethereum Foundation converted ~21,269 aWETH into wstETH (coordinated with @LidoFinance and @mellowprotocol) https://t.co/vh0BN8Zw3X
@ethereumfndn@LidoFinance This liquidity was sourced from a bilateral swap 2 weeks ago, where the Ethereum Foundation converted ~21,269 aWETH into wstETH (coordinated with @LidoFinance and @mellowprotocol) https://t.co/vh0BN8Zw3X
@ethereumfndn@LidoFinance This liquidity was sourced from a bilateral swap 2 weeks ago, where the Ethereum Foundation converted ~21,269 aWETH into wstETH (coordinated with @LidoFinance and @mellowprotocol) https://t.co/vh0BN8Zw3X
0/ Today, the Ethereum Foundation completed a bilateral swap of ~21,269 aWETH to wstETH, coordinated with @LidoFinance and @mellowprotocol as part of their ongoing deleveraging work.
The Ethereum Foundation @ethereumfndn is withdrawing the 21,270 $ETH ($50M) they staked with @LidoFinance 2 weeks ago.
The assets are currently in the Withdrawal Queue.
๐ณAbraxas Mgnt Capital is stacking gold ๐๏ธ
They just withdrew 1.5K $XAUT ($7.01M) from @bitfinex at an average price of $4,659.54.
Total accumulation now sits at 8.63K $XAUT ($40.19M).
Since the @KelpDAO exploit (Apr 18), Justin Sun @justinsuntron (0x9390...6a1d1) has been exiting @SkyEcosystem ($900M+ out) and loading up @sparkdotfi ($469M in)
His Position:
Sky USDS: $1.04B โ $132M (-87%)
Spark: $631M โ $1.1B (+74%)
Metalpha previously maintained a leveraged ezETH/WETH Loop position. The whale has been systematically closing this loop by:
-Repaying WETH debt.
-Replacing Collateral: Shifting partial underlying backing from $ezETH to $wstETH.
#Metalpha 0xefc3 @MetalphaPro has withdrawn a cumulative 19,710 $ezETH (~$74M) in collateral from @aave V3 on #Arbitrum Since May 2nd @RenzoAI
Following Metalphaโs deleveraging, the $ezETH supply on Arbitrum Aave has seen a drastic drawdown, now sitting at $205.38K
๐ Whale 0xee2...1268 injected $20M WETH directly into the supply side
๐ Massive Unwinding:
As major players like @ether_fi, @Instadapp: Lite Vault, & @stakewise_io whale repay tens of thousands of ETH, they are effectively flushing liquidity back into the protocol.
After days of a near-total liquidity crunch, the @aave Core Market $WETH is seeing much-needed relief
โ Liquidity: Rebounded to $88.74M
โ Utilization: 98.16% (Down from 99.6%)
The drivers of this recovery:
- Whale Supply Injection
- The "Loop" Unwind
Update: Justin Sun @justinsuntron (0x9390...6a1d1) just moved again.
Withdrew $200M $USDC from @HTX_Global โ deposited into @SkyEcosystem
Sky position: $132M โ $332M (+151%)
Since the @KelpDAO exploit (Apr 18), Justin Sun @justinsuntron (0x9390...6a1d1) has been exiting @SkyEcosystem ($900M+ out) and loading up @sparkdotfi ($469M in)
His Position:
Sky USDS: $1.04B โ $132M (-87%)
Spark: $631M โ $1.1B (+74%)
Since the @KelpDAO exploit (Apr 18), Justin Sun @justinsuntron (0x9390...6a1d1) has been exiting @SkyEcosystem ($900M+ out) and loading up @sparkdotfi ($469M in)
His Position:
Sky USDS: $1.04B โ $132M (-87%)
Spark: $631M โ $1.1B (+74%)