#Coin price drops, 2652 SWARMS sold.#
Hot Topic Overview
Overview
Recently, the price of SWARMS has plummeted by a significant 28.82%. Monitoring reveals 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, likely the main driver of the price decline. Of these, the address HikmG...S2Yat sold 16.52 million tokens, address 384zS...g8RUL sold 5 million tokens, and address BqbfX...k6pd1 sold 5 million tokens. The funds of these addresses can be traced back nine days or even earlier, suggesting they may be insider addresses or market manipulators.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has experienced a significant drop, plummeting by 28.82%. Monitoring data reveals that three addresses, suspected to belong to the same individual or entity, have collectively sold 26.52 million SWARMS tokens within the past three days, valued at approximately $8.08 million. This activity is suspected to be the primary driver of the price decline. Among these, address HikmG...S2Yat sold 16.52 million tokens, one of its funding sources has realized a profit of $3.73 million, with the remaining 5 million tokens still holding a profit of $1.256 million. Address 384zS...g8RUL sold 5 million tokens, and address BqbfX...k6pd1 also sold 5 million tokens. Tracing the sources of funds reveals four distribution addresses, all of which were established nine days ago or even earlier, potentially belonging to insider addresses/whale addresses. This information suggests that the recent decline in SWARMS price might be related to large-scale selling. Investors are advised to closely monitor market developments.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Suspected insiders or institutions dumped SWARMS, leading to a decline in the price.
Three addresses sold a total of 26.52 million SWARMS, worth about $8.08 million.
The source of funds for the selling addresses can be traced back to the accumulation addresses nine days ago or even earlier, which are suspected to be insider addresses or market maker addresses.
SWARMS has fallen by 28.82% in the past three days.