Stablecoin supply reduced, on-chain dollar liquidity can tighten. $299.9M DAI moved from Spark: Usds Psm Wrapper to an unlabeled destination on Ethereum. Stablecoin burn can contract on-chain dollar liquidity and reduce near-term buying capacity for risk assets. High priority whale flow: useful for immediate risk monitoring.
Whale Transaction 0x99f611b9c2c992ab2eaf197411b87cfd9c088f33440a6ddf0ac1de3eb753496f
$299.9M DAI burn from Spark: Usds Psm Wrapper to Unknown wallet on Ethereum, with labeled addresses, timing, and explorer links.
Whale Transfer cards
Each card is one transfer event tied to this tx hash, including signal and entity context.
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$299.9MSpark: Usds Psm Wrapper 0xa188eec8f81263234da3622a406892f3d630f98c->Unknown wallet 0x0000000000000000000000000000000000000000
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$299.9MSky: LitePSM USDC A 0xf6e72db5454dd049d0788e411b06cfaf16853042->Spark: Usds Psm Wrapper 0xa188eec8f81263234da3622a406892f3d630f98c
Capital shifting between wallets, neutral flow change. $299.9M DAI moved from Sky: LitePSM USDC A to Spark: Usds Psm Wrapper on Ethereum. Monitor follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and true directional position change. Low priority whale flow: treat as context unless similar transfers repeat.
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$299.9MSpark: Usds Psm Wrapper 0xa188eec8f81263234da3622a406892f3d630f98c->
Capital shifting between wallets, neutral flow change. $299.9M USDC moved from Spark: Usds Psm Wrapper to Sky: PSM on Ethereum. Monitor follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and true directional position change. Low priority whale flow: treat as context unless similar transfers repeat.
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$299.9MUnknown wallet 0xd0a61f2963622e992e6534bde4d52fd0a89f39e0->Spark: Usds Psm Wrapper 0xa188eec8f81263234da3622a406892f3d630f98c
Capital shifting between wallets, neutral flow change. $299.9M USDC moved to Spark: Usds Psm Wrapper from an unlabeled source on Ethereum. Monitor follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and true directional position change. Low priority whale flow: treat as context unless similar transfers repeat.
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$299.9MUnknown wallet 0x688cc76d3b009d805ab6b4d0a1cbd228131b5cbf->Unknown wallet 0xd0a61f2963622e992e6534bde4d52fd0a89f39e0
Capital shifting between wallets, neutral flow change. $299.9M USDC moved between unlabeled wallets on Ethereum. Monitor follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and true directional position change. Low priority whale flow: treat as context unless similar transfers repeat.