#SWARMS plunged 28%#
Hot Topic Overview
Overview
SWARMS has plummeted 28.82% in the past three days, suspected to be due to the sale of 26.52 million tokens by three addresses, worth about $8.08 million. Among them, address HikmG...S2Yat sold 16.52 million tokens, one of its funding addresses has profited $3.73 million, and the remaining 5 million tokens are still floating at a profit of $1.256 million. The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens and 5 million tokens respectively. It is currently unclear whether these three addresses belong to the same person or entity, but their sales are believed to be the main driving force behind the plunge of SWARMS.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has plummeted by 28%. According to monitoring, three addresses suspected to belong to the same person or institution have sold a total of 26.52 million SWARMS in the past three days, worth about $8.08 million, which is considered the main driver of the price decline. Among them, address HikmG...S2Yat sold 16.52 million tokens, about $5.16 million. One of its funding addresses has made a profit of $3.73 million, and the remaining position is still floating at a profit of $1.256 million. Address 384zS...g8RUL sold 5 million tokens in the past 11 hours, worth about $1.4 million, and address BqbfX...k6pd1 sold 5 million tokens in two days, worth about $1.52 million. By tracing the source of funds for these addresses, four building addresses can be found, all of which were established nine days ago or even earlier, suspected to be insider addresses or market maker addresses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS plummeted by 28%, primarily due to three addresses suspected to belong to the same individual or entity selling a total of 26.52 million SWARMS in the past three days, valued at approximately $8.08 million.
One of the selling addresses, HikmG...S2Yat, sold 16.52 million tokens in the past three days, with one of its funding addresses generating a profit of $3.73 million, while the remaining position still has an unrealized gain of $1.256 million.
The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens each in the past 11 hours and two days, respectively.
These selling activities are suspected to be insider addresses or market maker addresses, who may have accumulated positions at low prices in the early stages and realized profits recently.