#Whale dumps 5 million SWARMS#

Recently, a whale known as “群鲸” (Qun Jing) sold 5 million swarms tokens for 7,232 SOL (approximately $1.35 million), resulting in a profit. This whale had previously purchased 20 million swarms tokens for $458,000 fourteen days ago, and currently holds 15 million tokens (worth approximately $4.02 million), resulting in a total profit of $4.9 million. This event has attracted market attention, with some analysts suggesting it might be a short-term operation by the whale for profit, or a potential signal of a price drop in swarms tokens. However, other analysts believe that the whale's selling behavior does not necessarily represent a market trend, and the future development of swarms tokens still requires observation.