#SWARMS plummeted 28%#
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 tokens by three addresses, worth approximately $8.08 million. 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 tokens still making a profit of $1.256 million. Addresses 384zS...g8RUL and BqbfX...k6pd1 sold 5 million tokens each. The funding sources of these addresses can be traced back to nine days ago or even earlier, suspected to be insider addresses or market maker addresses.
Ace Hot Topic Analysis
Analysis
SWARMS has plummeted 28.82% in the past three days, suspected to be caused by the dumping of 26.52 million SWARMS by three addresses (possibly belonging to the same individual or entity), worth approximately $8.08 million. Among them, address HikmG...S2Yat dumped 16.52 million tokens, one of its funding sources has profited $3.73 million, and the remaining position is still up by $1.256 million; address 384zS...g8RUL dumped 5 million tokens, and address BqbfX...k6pd1 dumped 5 million tokens. By tracing the source of funds, four accumulation addresses can be found, all of which were accumulated nine days ago or even earlier, and may belong to insider addresses / market maker addresses. These dumping actions are considered to be the main driving force behind the plunge of SWARMS.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS plummeted 28% mainly due to three addresses suspected of belonging to the same person or institution, which sold a total of 26.52 million SWARMS in the past three days, worth about $8.08 million.
The sale involved three addresses, including HikmG...S2Yat, which sold 16.52 million, 384zS...g8RUL, which sold 5 million, and BqbfX...k6pd1, which sold 5 million.
One of HikmG...S2Yat's funding addresses has sold 75% of its holdings and made a profit of $3.73 million, with the remaining 5 million still in profit of $1.256 million, at a cost as low as $0.02291.
By tracing the funding sources of addresses 2 and 3, four distribution addresses can be found, with their positions established nine days ago or even earlier, possibly belonging to insider addresses / market maker addresses.