#Coin price drops, suspected large-scale dumping.#
Hot Topic Overview
Overview
Recently, the price of SWARMS has dropped by 28.82%, suspected to be due to the sale of 26.52 million SWARMS by three addresses (possibly belonging to the same individual or entity) in the past three days, worth approximately $8.08 million. Among them, address HikmG...S2Yat sold 16.52 million, address 384zS...g8RUL sold 5 million, and address BqbfX...k6pd1 sold 5 million. The funds from these addresses can be traced back to four distribution addresses, whose positions were established nine days ago or even earlier, possibly belonging to insider addresses or market maker addresses.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has plummeted, suspected to be caused by a large-scale sell-off. 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. Among them, the address HikmG...S2Yat sold 16.52 million tokens. One of its funding sources has already sold 75% of its position, making a profit of $3.73 million. The remaining 5 million tokens are still up by $1.256 million, with a cost of only $0.02291 per token. In addition, the address 384zS...g8RUL sold 5 million tokens in the past 11 hours, and the address BqbfX...k6pd1 sold 5 million tokens in the past two days. These sell-off activities are considered to be the main driving force behind the recent decline of SWARMS. In the past three days, SWARMS has fallen by 28.82%.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coin price drop is suspected to be caused by whales dumping
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
with a value of approximately $8.08 million
One of these addresses, HikmG...S2Yat, has sold 16.52 million tokens in the past three days
One of the funding addresses for this address has already sold 75% of its holdings and made a profit of $3.73 million
The source of funds for these addresses can be traced back nine days or even earlier
They are suspected to be insider addresses or market maker addresses