#SWARMS price drops#

Recently, the price of SWARMS has dropped significantly, falling by 28.82%. 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, worth approximately $8.08 million, potentially being the main driver of the price decline. Among them, address HikmG...S2Yat sold 16.52 million tokens. One of its funding addresses has already sold 75% of its holdings, making 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. Additionally, address 384zS...g8RUL sold 5 million tokens in the past 11 hours, while address BqbfX...k6pd1 sold 5 million tokens in two days. By tracing the sources of funds for these addresses, four distribution addresses can be found, with their initial investments dating back nine days or even earlier, possibly belonging to insider addresses/market maker addresses. This information suggests that the decline in the price of SWARMS may be related to large-scale selling activities. Investors should carefully monitor market developments.