An anonymous whale address starting with 0x7099 closed an ETH position first built on June 7, locking in about $4.3 million in profit, EmberCN reported. The wallet used Spark, a crypto lending protocol, to borrow 30 million USDS against ETH collateral and bought 18,212 ETH at an average price of $1,647. It later sold 15,993 ETH today at an average price of $1,889, repaid 30.20 million USDS, and exited the trade with roughly $4.3 million in gains. The transaction shows how large holders can use onchain lending to lever an ETH position, then unwind it after a price increase to realize profit.