#SWARMS plummeted 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 worth approximately $8.08 million from three addresses. These three addresses are suspected to belong to the same individual or institution, with one address HikmG...S2Yat selling 16.52 million tokens. One of its funding addresses has already profited $3.73 million, with the remaining 5 million tokens still holding a profit of $1.256 million. The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, have each sold 5 million tokens. The funding sources for these addresses can be traced back to nine days ago or even earlier, suggesting that they may be insider or market maker addresses.
Ace Hot Topic Analysis
Analysis
SWARMS recently plummeted 28%, suspected to be caused by massive selloffs from three addresses. According to monitoring, these three addresses are suspected to belong to the same person or entity. 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 tokens. One of its funding addresses has already made a profit of $3.73 million, and the remaining position still has floating profits. Addresses 384zS...g8RUL and BqbfX...k6pd1 sold 5 million tokens each. These addresses were established nine days ago or even earlier, and may belong to insider addresses/market maker addresses. Their selling behavior may be the main reason for the plunge in SWARMS.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS plummeted 28% due to three addresses suspected of belonging to the same person or institution that dumped a total of 26.52 million SWARMS, worth approximately 8.08 million US dollars in the past three days.
One of these addresses, HikmG...S2Yat, dumped 16.52 million tokens, with one of its funding addresses already earning a profit of 3.73 million US dollars, while the remaining 5 million tokens are still profitable by 1.256 million US dollars.
The other two addresses dumped 5 million tokens each, worth 1.4 million US dollars and 1.52 million US dollars respectively.
These dumping actions may be related to insider addresses or market makers, as their positions were established nine days ago or even earlier.