#SWARMS plunged 28%#
Hot Topic Overview
Overview
SWARMS has plummeted 28.82% in the past three days, suspected to be caused by the sale of 26.52 million tokens worth approximately $8.08 million from three addresses. Among them, address HikmG...S2Yat sold 16.52 million tokens, address 384zS...g8RUL sold 5 million tokens, and address BqbfX...k6pd1 sold 5 million tokens. The source of funds from these addresses can be traced back to four accumulation addresses, all of which were established nine days ago or earlier, suspected to be insider addresses or market maker addresses.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has plummeted by 28%, suspected to be caused by the dumping of 26.52 million SWARMS by three addresses allegedly belonging to the same individual or entity in the past three days. These sales are valued at approximately $8.08 million. Among them, address HikmG...S2Yat dumped 16.52 million tokens, with one of its funding addresses already profiting $3.73 million, and the remaining 5 million tokens still holding a profit of $1.256 million. Address 384zS...g8RUL dumped 5 million tokens worth approximately $1.4 million, and address BqbfX...k6pd1 dumped 5 million tokens worth approximately $1.52 million. These addresses had accumulated their holdings nine days ago or even earlier, and are believed to be insider addresses or whale addresses. Their dumping behavior is considered the main driving force behind the decline in SWARMS prices.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS
plummeted
28%
is
caused
by
three
suspected
addresses
belonging
to
the
same
person
or
entity
that
have
sold
a
total
of
26.52
million
SWARMS
in
the
past
three
days
one
of
the
selling
addresses
HikmG...S2Yat
the
source
of
funds
has
sold
75%
of
its
holdings
and
made
a
profit
of
3.73
million
dollars
the
remaining
5
million
are
still
up
1.256
million
dollars
the
cost
is
as
low
as
0.02291
dollars
the
other
two
selling
addresses
384zS...g8RUL
and
BqbfX...k6pd1
sold
5
million
tokens
in
the
past
11
hours
and
two
days
respectively
the
source
of
funds
for
these
selling
addresses
can
be
traced
back
to
nine
days
ago
or
even
earlier
suspected
to
be
insider
addresses
or
market
maker
addresses