According to Lookonchain, two whale wallets that received massive SPK airdrops have deposited a total of 39 million SPK, valued at $2.7 million, into Binance (source: etherscan.io/address/0xaaf9, etherscan.io/address/0xaa15, Lookonchain on Twitter, June 17, 2025). This substantial inflow to Binance suggests increased sell-side pressure on SPK, making short-term volatility likely. Traders should closely monitor Binance order books and on-chain data for SPK, as large deposits from whales often precede significant price movements or downward pressure, especially following airdrop distribution.