#SWARMS plunged 28.82%#
Hot Topic Overview
Overview
SWARMS has plummeted 28.82% in the past three days, suspected to be due to the sale of 26.52 million SWARMS by three addresses (possibly belonging to the same person or institution), worth approximately $8.08 million. Among them, address HikmG...S2Yat sold 16.52 million tokens, one of its funding addresses has profited $3.73 million, and the remaining 5 million tokens still have an unrealized gain of $1.256 million. Address 384zS...g8RUL sold 5 million tokens, and address BqbfX...k6pd1 sold 5 million tokens. By tracing the source of funds, four accumulation addresses were found, with their accumulation time dating back nine days or even earlier, suspected to be insider addresses or whale addresses.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has plummeted by 28.82%, suspected to be caused by the sale of 26.52 million SWARMS by three addresses (possibly belonging to the same person or entity) over the past three days. The total value of the sale is estimated at $8.08 million. Among them, the address HikmG...S2Yat sold 16.52 million tokens, one of its funding addresses has already profited $3.73 million, and the remaining 5 million tokens still have an unrealized gain of $1.256 million, with a cost as low as $0.02291. The address 384zS...g8RUL sold 5 million tokens in the past 11 hours, and the address BqbfX...k6pd1 sold 5 million tokens in two days. Tracing the source of funds for these addresses, four distribution addresses can be found, with their positions established nine days ago or even earlier, potentially belonging to insider addresses/market maker addresses. These large-scale selloffs are believed to be the main driving force behind the decline in SWARMS's price.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS plummeted 28.82% mainly due to three addresses, suspected to belong to the same person or institution, that sold a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million.
One of the addresses, HikmG...S2Yat, sold 16.52 million tokens. The source address of the funds is one of the addresses that has already made a profit of $3.73 million, while the remaining 5 million tokens are still floating with a profit of $1.256 million.
The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens each, worth approximately $1.4 million and $1.52 million respectively.
The source of funds for these addresses can be traced back to nine days ago or even earlier, suspected to be insider addresses or market maker addresses.