#SWARMS plunges 28%#
Hot Topic Overview
Overview
SWARMS has plunged 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; address 384zS...g8RUL sold 5 million tokens; address BqbfX...k6pd1 sold 5 million tokens. These three addresses may belong to the same person or institution, their initial purchase can be traced back to nine days ago, 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 selling activity of three addresses (or belonging to the same person or institution). The three addresses are HikmG...S2Yat, 384zS...g8RUL, and BqbfX...k6pd1, with a total of 26.52 million SWARMS sold, worth about $8.08 million. Among them, HikmG...S2Yat sold 16.52 million, one of its funding addresses has already made a profit of $3.73 million, and the remaining 5 million still have a floating profit of $1.256 million, with a cost as low as $0.02291. 384zS...g8RUL sold 5 million, worth about $1.4 million, and BqbfX...k6pd1 sold 5 million, worth about $1.52 million. By tracing the source of funds for these three addresses, four distribution addresses can be found, all of which were established nine days ago or even earlier, and may belong to insider addresses / market maker addresses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS plummeted 28% due to three addresses that may belong to the same individual or organization selling a total of 26.52 million tokens, worth about $8.08 million, in the past three days.
One of the sources of funds for these addresses has sold 75% of its holdings and made a profit of $3.73 million, with the remaining 5 million tokens still making a profit of $1.256 million, at a cost of only $0.02291.
These addresses were built up nine days ago or even earlier, and may belong to insider addresses/market maker addresses.
The price drop of SWARMS may be due to the selling behavior of these addresses or changes in market sentiment.