#巨鲸 crazily dumped 1.22 million USD $SPK airdrop! Is Binance about to be crashed?
This time, the main character of the whale dumping is a mysterious big shot who became rich by buying low and selling high in Ethereum——just received 17.58 million SPK airdrop (worth 1.22 million USD), and immediately dumped it all into Binance.
SPK is the token of the decentralized lending platform #Spark #Protocol , newly launched on Binance $ALPHA , HODLer. However, the project party played a trick: the coins on the two chains are completely non-interoperable.
BSC Chain: A paradise for short-term traders with low transaction fees and strong liquidity, whales will inevitably cash out the airdrop as soon as possible. 17.58 million SPK dumped into Binance, the short-term selling pressure is comparable to a volcanic eruption, and price fluctuations are likely to be a roller coaster ride.
Ethereum Chain: A casino for value investors
This is where deep users and governance participants gather, with a long holding period and high community participation. But the problem is——if the coins on the BSC chain are dumped to the floor price, can the coins on the Ethereum chain still stand strong?
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