#Cryptocurrency prices plummet, suspected dumping.#

Recently, the price of SWARMS has experienced a sharp decline, suspected of being dumped. Monitoring data shows that three addresses, suspected to belong to the same person or institution, have collectively sold 26.52 million SWARMS in the past three days, worth approximately $8.08 million, which is considered the main driver of the price decline. Among them, address HikmG...S2Yat sold 16.52 million tokens, worth about $5.16 million, one of its funding addresses has sold 75% of its holdings and made a profit of $3.73 million, with the remaining 5 million tokens still holding a profit of $1.256 million, with a cost as low as $0.02291. In addition, address 384zS...g8RUL has sold 5 million tokens in the past 11 hours, worth about $1.4 million, and address BqbfX...k6pd1 has sold 5 million tokens in two days, worth about $1.52 million. By tracing the sources of funds for these addresses, four distribution addresses can be found, all of which were established nine days ago or even earlier, suspected to be insider addresses or market maker addresses. This information suggests that the recent decline in the price of SWARMS may be related to malicious selling by large holders or institutions, and investors should invest cautiously.