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A giant whale dormant for two years borrows $153 million in WETH for arbitrage, ultimately earning just $0.36

Source: x.com Event types: Marketing/Whale
Odaily News: According to Onchain Lens monitoring, a cryptocurrency whale that had been dormant for nearly two years has recently become active again, borrowing 81,640 WETH worth approximately $153.6 million from the decentralized lending protocols Morpho and Spark to execute an arbitrage trade.However, this large-scale trade did not yield substantial returns. According to on-chain data, the arbitrage operation generated only $1.88 in revenue, with $1.53 paid in fees, resulting in a final net profit of just $0.36.

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