On-chain analyst Ai Yi said the address has withdrawn 96.62 million dollars in stablecoins from Spark since April 29 and still holds about 1.15 billion dollars, while farming rewards have recovered to nearly 600,000 dollars.
A wallet linked to Justin Sun withdrew 3.2 million USDT from Spark, according to on-chain analyst Ai Yi, bringing total stablecoin withdrawals from the protocol to 96.62 million dollars since April 29. Ai Yi said the address still holds about 1.15 billion dollars on Spark, including 1.02 billion USDS and 131 million USDC. The new update also states that farming rewards tied to the position have rebuilt to nearly 600,000 dollars after a previous sale of 5.51 million USDS. The activity indicates continued large-scale treasury management through Spark while the address maintains a substantial remaining balance on the lending protocol.