#Coin price plummeted, suspected market manipulation.#
Hot Topic Overview
Overview
Recently, the price of SWARMS has plummeted significantly, suspected of being dumped. Monitoring shows that three addresses, suspected of belonging to the same individual or institution, have dumped a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million. This could be the main reason for the price drop. Among them, the address HikmG...S2Yat sold 16.52 million tokens, the address 384zS...g8RUL sold 5 million tokens, and the address BqbfX...k6pd1 sold 5 million tokens. The source of funds for these addresses can be traced back to nine days ago or even earlier, suspected to be insider addresses or whale addresses. The price of SWARMS has fallen by 28.82% in the past three days.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has experienced a significant decline, suspected to be due to a dump. According to monitoring data, three addresses, suspected to belong to the same person or institution, have collectively sold 26.52 million SWARMS in the past three days, worth about $8.08 million, which is believed to be the main driving force behind the price decline. Among them, address HikmG...S2Yat sold 16.52 million tokens, one of its funding addresses has already made a profit of $3.73 million, with the remaining 5 million still floating a profit of $1.256 million. The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens each. By tracing the source of funds, four distribution addresses can be found, whose building time was nine days ago or even earlier, which may belong to insider addresses or market maker addresses. This information indicates that the decline in the price of SWARMS may be related to malicious selling by insiders or institutions, and investors should be cautious.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Suspected large-scale selling of SWARMS tokens by institutions or individuals, resulting in a 28.82% drop in price.
Three addresses sold a total of 26.52 million SWARMS tokens, worth approximately $8.08 million, which is suspected to be the main driver of the price decline.
One of the source addresses for the selling addresses has made a profit of $3.73 million, with remaining positions still showing a profit.
The selling event may be related to insider trading or market manipulation.