In a post on X, the mining pool executive said he exchanged the Spark rewards on CoWSwap (decentralized trading protocol) for 663 ETH and $1.4 million, then said he regretted the sale.
F2Pool co-founder Wang Chun said on X that he received 83.7 million SPK rewards from Spark over the past year and sold them on CoWSwap (decentralized trading protocol). According to his post, the sale brought in 663 ETH and $1.4 million. He added that he now regrets selling the tokens. The statement highlights how token reward recipients can monetize allocations through decentralized trading venues, while also reflecting the volatility and opportunity-cost risk common in crypto markets after a sale is completed.