### SWARMS plummets#
Hot Topic Overview
Overview
SWARMS has recently experienced a sharp decline, with its price plummeting by 28.82% in the past three days. Monitoring indicates that three addresses, suspected to belong to the same individual or entity, have collectively dumped 26.52 million SWARMS tokens in the last three days, worth approximately $8.08 million, which is believed to be the primary driver of the price drop. Among these addresses, HikmG...S2Yat sold 16.52 million tokens. One of its funding addresses has already realized a profit of $3.73 million, while the remaining 5 million tokens still hold an unrealized profit of $1.256 million. The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens each, valued at approximately $1.4 million and $1.52 million, respectively.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has experienced a significant drop, falling by as much as 28.82%. Monitoring revealed that three addresses, suspected to belong to the same individual or entity, have collectively sold 26.52 million SWARMS over the past three days, equivalent to approximately $8.08 million, which is believed to be the main driver of the price decline. Among them, the address HikmG...S2Yat sold 16.52 million tokens. One of its funding addresses has already made a profit of $3.73 million, and the remaining 5 million tokens still have an unrealized profit of $1.256 million. The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens each, worth approximately $1.4 million and $1.52 million respectively. By tracing the source of funds for these addresses, four accumulation addresses have been identified. The accumulation dates of these addresses were all nine days ago or earlier, suggesting they may be insider or whale addresses. This information indicates that the recent drop in SWARMS price may be caused by insider or institutional selling, and investors should exercise caution.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS price drop is mainly driven by three addresses suspected to belong to the same person or entity, which sold a total of 26.52 million SWARMS in the past three days, worth approximately 8.08 million USD.
These three addresses are HikmG...S2Yat, 384zS...g8RUL, and BqbfX...k6pd1, of which HikmG...S2Yat sold 16.52 million tokens, 384zS...g8RUL sold 5 million tokens, and BqbfX...k6pd1 sold 5 million tokens.
One of the funding addresses of HikmG...S2Yat has sold 75% of its holdings and made a profit of 3.73 million USD, with the remaining 5 million tokens still having a floating profit of 1.256 million USD, and a cost as low as 0.02291 USD.
By tracing the funding sources of these three addresses, four distribution addresses can be found, with positions opened nine days ago or even earlier, which may belong to insider addresses / market maker addresses.