$SPK / #SPK can print a big green candle https://t.co/mViI9n9tWt
$SPK / #SPK can print a big green candle https://t.co/mViI9n9tWt
A concerning market move: Justin Sun transferred 41.99 million Spark worth $1.23 million to the HTX platform in a new suspected sell‑off. This move adds to the 610 million SPK flowing to platforms since the start of 2025, intensifying sell pressure and raising governance concerns about the project's future. https://t.co/wB0C4ZBFRv
After staying quiet for about two weeks, the wallet linked to Sun Ge is active again with another large $SPK transfer🥶.
Just 5 hours ago, the address withdrew 41.99M #SPK in rewards from Spark, worth roughly $1.23M, and then moved the entire amount into HTX shortly after , which is being interpreted by many as a likely sell or distribution move.
Since September 2025, the wallet has cumulatively transferred around 610M SPK worth roughly $19.08M to exchanges, making it one of the larger recurring SPK-related outflows the market has been tracking. With this latest deposit hitting HTX, traders will probably keep a close eye on whether more SPK supply continues flowing onto exchanges in the coming days.
Address: 0x93904eeC579e5bF7a57C2DD4AfbEA0F1C3e6A1D1