Data: An Unknown Whale Withdraws 8,000 ETH from Binance to Participate in Sky Protocol Staking

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September 20, 2024
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According to ChainCatcher, on-chain analyst @ai_9684xtpa observed that a whale with the address 0xc08...37ffb withdrew 8,000 ETH (approximately $19.68 million) from Binance an hour ago. The whale then deposited it into Spark Protocol, borrowed 14 million DAI, swapped it for sUSDS, and staked it into Sky Protocol. Currently, the whale has received 12.28 million SKY tokens as a reward.

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