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Hot Topic Overview
Overview
Recently, the price of SWARMS has plummeted by a significant 28.82%. Monitoring revealed that three addresses, suspected to belong to the same individual or entity, have collectively dumped 26.52 million SWARMS in the past three days, worth approximately $8.08 million. This is considered the primary driver behind the price decline. Specifically, address HikmG...S2Yat sold 16.52 million, address 384zS...g8RUL sold 5 million, and address BqbfX...k6pd1 sold 5 million. The source of funds for these addresses can be traced back to four distribution addresses, all of which established positions nine days ago or earlier. These are suspected to be insider addresses or addresses associated with market manipulation.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has plummeted significantly, suspected to be related to the massive sell-off by three addresses. According to monitoring, these three addresses are suspected to belong to the same person or institution, and they have sold a total of 26.52 million SWARMS in the past three days, worth about $8.08 million. Among them, address HikmG...S2Yat sold 16.52 million, and one of its funding addresses has already made a profit of $3.73 million, with remaining positions still showing a profit. Addresses 384zS...g8RUL and BqbfX...k6pd1 sold 5 million each. These sell-offs have caused SWARMS to drop 28.82% in the past three days. Currently, the specific identities and motives of these addresses are unclear, but their actions have undoubtedly had a significant impact on the price of SWARMS.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS recent price decline may be due to massive sell-offs, suspected to be from three addresses (or belonging to the same person or institution).
These three addresses have sold a total of 26.52 million SWARMS in the past three days, worth approximately 8.08 million USD.
One of the addresses, HikmG...S2Yat, sold 16.52 million tokens, and one of its funding addresses has made a profit of 3.73 million USD, with 5 million tokens still floating.
The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, sold 5 million tokens each, worth approximately 1.4 million USD and 1.52 million USD respectively.