The mysterious giant whale who made 32 million dollars by buying low and selling high on Ethereum has pulled another big move!

He just received 17.58 million SPK airdrop, worth 1.22 million US dollars, and immediately dumped it all into Binance exchange, clearly indicating an intention to cash out and run!

SPK is the token of the decentralized lending platform Spark Protocol. Although it just announced the launch of the Alpha and HODLer sections on Binance, there’s a major pitfall to be aware of: the airdrop in the Alpha channel is on the BSC chain, while the airdrop for old users is on the Ethereum chain, and the coins on the two chains are completely non-interoperable!

In the short term, this airdrop puts significant pressure on the market. The whale directly dumped the airdrop into the exchange, so the opening price will definitely be suppressed down to the ground by selling pressure. Moreover, the BSC chain focuses more on trading and liquidity, where short-term players and sell orders may be more aggressive, and it could easily crash at the opening; on the Ethereum side, there is more emphasis on protocol depth and governance, so holders may be more long-term and community participation may be higher.

In short, this time the airdrop is issued on two chains, which is a game of giving money to big players while retail investors take over. The BSC chain might get hit so hard that even their mothers wouldn't recognize it, while the Ethereum chain may survive on governance concepts. Ordinary players should just watch the excitement and not be fooled by the illusion of skyrocketing prices at the opening!

#币安HODLer空投SPK #币安Alpha上新 #加密市场反弹

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