#Coin price drops, suspected dumping.#
Hot Topic Overview
Overview
Recently, the price of SWARMS has experienced a significant decline, suspected to be due to a dump. According to monitoring, three addresses suspected to belong to the same individual or institution have sold a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million, which is believed to be the main driving force behind the price decline. Among them, the address HikmG...S2Yat sold 16.52 million tokens, worth approximately $5.16 million, one of its funding addresses has already made a profit of $3.73 million, and the remaining position is still floating with a profit of $1.256 million. The other two addresses sold 5 million tokens, worth approximately $1.4 million and 1.52 million tokens, respectively. These addresses were all established nine days ago or even earlier, and are suspected to be insider addresses or market maker addresses.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has plummeted significantly, suspected to be the result of a "dumping" operation. Monitoring data shows that three addresses, suspected to belong to the same person or institution, have sold a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million, which is considered to be the main driver of the price decline. 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 5 million tokens still have a floating profit of $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. By tracing the source of funds, four building positions were found, all of which were established nine days ago or even earlier, and may belong to insider addresses or market maker addresses. This information suggests that the recent decline in the price of SWARMS may be related to the selling behavior of insiders or institutions, rather than natural market fluctuations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Suspected institutional or individual large-scale selling of SWARMS tokens, leading to a 28.82% drop in price.
Three addresses sold a total of 26.52 million SWARMS, worth approximately $8.08 million.
This is believed to be the main driver of the price drop.
One of the addresses, HikmG...S2Yat, sold 16.52 million tokens.
One of its funding sources has already profited $3.73 million, with the remaining position still holding a profit of $1.256 million.
By tracing the source of funds, four distribution addresses were found.
They were built nine days ago or even earlier, and may belong to insider addresses/market maker addresses.