According to Ai 姨 (@ai_9684xtpa), Binance Alpha and Bybit have introduced points and prize pool mechanisms reminiscent of traditional Web2 e-commerce loyalty systems. Binance Alpha now offers users a chance to receive 2000 SPK tokens through an airdrop by accumulating at least 240 Alpha points, mirroring the structure of Taobao’s 88VIP program where annual spending unlocks exclusive rewards. Similarly, Bybit’s new initiative allows users to participate in large-scale prize pools and lotteries, akin to Alipay’s popular Five Blessings event. This gamified approach is designed to boost platform engagement and user retention. For traders, these reward mechanisms can significantly impact token demand and trading volumes, especially for SPK and related assets, as participants accumulate and trade to meet airdrop thresholds (Source: @ai_9684xtpa via Twitter, June 17, 2025).

According to Lookonchain, two major whale addresses deposited a combined 39 million SPK tokens, valued at $2.7 million, into Binance immediately after receiving substantial SPK airdrops (Source: Lookonchain, etherscan.io). This large influx of SPK onto an exchange increases available supply, potentially signaling upcoming selling pressure and heightened volatility for SPK traders. Monitoring exchange inflows and whale movements is crucial for short-term price action and liquidity management in the SPK market.

According to Ai 姨 (@ai_9684xtpa), the Ethereum whale 0xAA1...3eE57, previously known for making over $32 million by trading ETH, has just claimed 17.58 million SPK tokens via airdrop, valued at approximately $1.22 million. All SPK tokens have been transferred to Binance, following official announcements of SPK's listing on Binance Alpha and HODLer. SPK serves as the platform token for Spark Protocol, a decentralized lending market. Traders should be aware that the Alpha airdrop tokens were distributed on the BSC network. This significant whale movement may increase SPK's liquidity on Binance and could potentially introduce short-term price volatility, as large inflows often precede active trading and profit-taking cycles. Source: @ai_9684xtpa on Twitter, June 17, 2025.