#Coin price plunges, suspected dump.#

Recently, the price of SWARMS has dropped by 28.82%, suspected to be caused by a sell-off. Monitoring revealed that three addresses, likely belonging to the same individual or institution, have collectively dumped 26.52 million SWARMS tokens over the past three days, valued at approximately $8.08 million, which is considered the primary driving force behind the price decline. Among them, the address HikmG...S2Yat dumped 16.52 million tokens, worth about $5.16 million. One of its funding sources has already sold 75% of its holdings, realizing a profit of $3.73 million, with the remaining 5 million tokens still having an unrealized profit of $1.256 million, at a cost as low as $0.02291. Additionally, the address 384zS...g8RUL sold 5 million tokens within the past 11 hours, valued at around $1.4 million. Address BqbfX...k6pd1 sold 5 million tokens over two days, valued at approximately $1.52 million. By tracing the funding sources of these addresses, four distribution addresses can be found, all of which were established nine days ago or even earlier, and may belong to insider addresses or market maker addresses.