šØ SPK WHALE Dump Looms After 39 Million Token Binance Deposit! š
š„ Breaking: Today, two whale wallets offloaded 39āÆmillion SPK (~$2.7āÆmillion) onto Binance at around 10:30āÆAM UTC, triggering on-chain alert šØ
š Why It Matters
⢠Whale sell signal: Such large transfers to Binance usually mean one thingātheyāre getting ready to sell.
⢠Liquidity shift: $SPK volume jumped +35%, and the price dropped ~4.3% to $0.068 within an hour
⢠Risk ahead: Clearing of 44āÆbillion SPK sets toneāexpect short-term volatility or deeper correction.
š Trader Insights
⢠Oversold alert: RSI fell to ~38 (1āhr chart), suggesting possible bounce
⢠Watch buy walls: Dip-buyers might step inālook for resistance at $0.071, support near $0.065
⢠Cross-market signal: NASDAQās ~+0.8% today hints at risk-on sentiment possibly cushioning $SPK
š§ What You Can Do
⢠Track $SPK inflows/outflows in real time
⢠Alert set: dip-buy range = $0.065ā$0.067
⢠Use tight stop-lossāvolatility spikes make scalp or quick trades ideal
š¬ Over to You:
š Jump into comments:
⢠Are you shorting the dump or trailing a dip-buy?
⢠Do you think the whales are testing support or quietly accumulating?
⢠How high could SPK bounce after todayās sell-off?
#SPKš„š„ #Whale.Alert #cryptotrading #Onchain #whale š