#SWARMS price plunged#
Hot Topic Overview
Overview
The price of SWARMS has plummeted recently, dropping by 28.82% in the past three days. Monitoring revealed that three addresses, suspected to belong to the same individual or entity, have collectively sold 26.52 million SWARMS in the past three days, valued at approximately $8.08 million, likely the primary driver of the price drop. Among them, the address HikmG...S2Yat sold 16.52 million tokens in the past three days. One of its funding addresses has realized a profit of $3.73 million, while the remaining 5 million tokens still have an unrealized profit of $1.256 million. Furthermore, the addresses 384zS...g8RUL and BqbfX...k6pd1 have sold 5 million tokens in the past 11 hours and two days, respectively. The sources of funds for these addresses can be traced back nine days or even earlier, potentially belonging to insider or whale addresses.
Ace Hot Topic Analysis
Analysis
The price of SWARMS has recently plummeted. According to monitoring, three addresses suspected of belonging to the same person or entity have sold a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million. This is considered the main driver of the price decline. Among them, address HikmG...S2Yat sold 16.52 million tokens. One of its funding addresses has already made a profit of $3.73 million, while the remaining 5 million tokens still have a profit of $1.256 million. The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens each. These addresses were established nine days ago or earlier, and may belong to insider addresses/whale addresses. Their selling behavior has caused SWARMS to fall by 28.82% in the past three days.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS price drop is mainly due to three addresses, suspected to belong to the same person or entity, that have dumped a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million.
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 sources for HikmG...S2Yat has sold 75% of its holdings and made a profit of $3.73 million, with the remaining 5 million tokens still showing a profit of $1.256 million, with a cost as low as $0.02291.
These three addresses were built up as early as nine days ago, or even earlier, and may belong to insider addresses / market maker addresses.