Are retail investors about to go crazy for Spark?
Capital flow before the launch of $SPK: Tracking the fund distribution of wallets related to $SPK activities.
Assessing the reserved funds by the project team and their control methods, and the impact on future coin prices.
@sparkdotfi Token has been deployed on-chain, contract on the main chain ETH
CA: 0xc20059e0317de91738d13af027dfc4a50781b066
Ticker: $SPK
🔗 https://t.co/M8938D7bhv
Top holdings ⬇️
1⃣️ Sky: MCD proxy contract, holding 65%
0xBE8E3e3618f7474F8cB1d074A26afFef007E98FB
2⃣️ Gnosis Safe Proxy official multi-signature wallet, holding 25.81%
0xc20059e0317DE91738d13af027DfC4a50781b066
3⃣️ Spark: Sub proxy protocol, holding 9.1%
0x3300f198988e4C9C63F75dF86De36421f06af8c4
4⃣️ sparkfi.eth
0x52A8305f29f85bEc5fa6eE78B87Ddd2218d8E12E
The remaining wallets are for pre-market testing, quantity can be ignored.
The token has just been released, and the capital flow is relatively singular, focusing on the above 4 wallets.
In subsequent assessments, one can roughly estimate where the selling pressure lies.
Using Arkm for tracking and monitoring: https://t.co/3p982eKBea
#OnChainObservation