Justin Sun: Deposits 42M SPK to HTX After Spark Withdrawal

Justin Sun pulled 41.99 million SPK tokens valued at $1.23 million from Spark farm rewards and sent the entire sum to HTX, marking another suspected sale.

Since September 2025 the address linked to Sun has shifted 610 million SPK worth $19.08 million to exchanges, consistent with prior large wallet transfers to HTX history. Spark protocol continues to manage over $3.5 billion in stablecoin liquidity while users monitor SPK token farming rewards explained through real-time APY displays. On the 4-hour chart SPK trades at $0.03 with EMA50 and EMA200 both acting as immediate support at the same level; the MACD death cross keeps momentum bearish while RSI at 35.55 stays neutral inside the Bollinger Bands, suggesting any bounce attempt at upper band resistance will likely stall before retesting the $0.03 confluence zone.