Justin Sun transfers $910 million in stablecoins to Sky platform

On chain data shows that Justin Sun extracted $910 million in stablecoins from Aave and transferred them to the Sky platform and its subsidiary DAO Spark. Aave's TVL decreased from $36 billion in early December to $26.5 billion, due to the impact of the decline in major asset prices and governance disputes. Justin Sun's deposits in Sky and Spark increased from $570 million to $1.48 billion, with Sky becoming his main deposit platform. (Ashes)