DeFi· ★★★· bullish·

SparkLend absorbs 88,320 ETH from whale wallets as TVL hits $4.96B

  • —Whales supplied about 88,320 ETH to SparkLend over six months
  • —Protocol TVL reached $4.96 billion, total market size $7.39 billion
  • —Over $1 billion in deposits arrived after the April 2026 KelpDAO/rsETH exploit
  • —Gnosis Chain deployment was deprecated effective September 14, 2026
Why it matters: Large holders are rotating capital into conservative DeFi venues after exploits, concentrating liquidity in battle-tested protocols.
#ETH
Source: Crypto Briefing
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