#SWARMS plunged 28%#
Hot Topic Overview
Overview
SWARMS has plummeted 28.82% in the past three days, allegedly 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 made a profit of $3.73 million, and the remaining 5 million tokens are still floating at a profit of $1.256 million. Addresses 384zS...g8RUL and BqbfX...k6pd1 sold 5 million tokens each, worth approximately $1.4 million and $1.52 million respectively. The funding sources of these addresses can be traced back to nine days ago or even earlier, allegedly as 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 behavior of three addresses (which may belong to the same person or institution). The three addresses are HikmG...S2Yat, 384zS...g8RUL, and BqbfX...k6pd1, and they have sold a total of 26.52 million SWARMS, 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 are still floating with a profit of $1.256 million. The other two addresses sold 5 million and 5 million respectively, worth $1.4 million and $1.52 million respectively. By tracing the source of funds, it can be found that the funding addresses of these three addresses 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% mainly due to three addresses, suspected to belong to the same person or entity, selling a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million.
These address sales may constitute a dump, causing a sharp decline in the SWARMS price.
One of the addresses, HikmG...S2Yat, sold 16.52 million tokens, with one of its funding addresses already profiting $3.73 million, and its remaining position is still up $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.