Dormant crypto whale borrows 81,640 WETH for arbitrage, nets $0.36

A crypto whale that had been dormant for nearly two years has become active again, borrowing 81,640 WETH (wrapped Ether) worth about $153.6 million from decentralized lending protocols Morpho and Spark to carry out an arbitrage trade (buying and selling across markets to capture price gaps). The unusually large position generated almost no return: on-chain data showed $1.88 in income, $1.53 in fees and final net profit of just $0.36, according to Onchain Lens.

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