A certain newly created wallet accumulated 9610 ETH during a market dip 7 hours ago

BlockBeats News, April 11, according to Spot On Chain monitoring, about 7 hours ago, during a market downturn, a newly established wallet accumulated 9,610 ETH (worth approximately $14.54 million). The address first withdrew 5,000 ETH from Kraken as collateral, borrowed $7 million USDS on the Spark platform, and then repurchased 4,610 ETH at a price of around $1,518 per ETH.