#SWARMS plummets, suspected to be a sell-off.#
Hot Topic Overview
Overview
Recently, the price of SWARMS has seen a significant drop, suspected to be caused by a dump. According to monitoring, three addresses believed to belong to the same individual or institution have collectively sold 26.52 million SWARMS in the past three days, worth approximately $8.08 million, which is likely the main reason for the price decline. Among them, address HikmG...S2Yat sold 16.52 million tokens, one of its funding addresses has already profited $3.73 million, and the remaining 5 million tokens are still floating at a profit of $1.256 million. Additionally, addresses 384zS...g8RUL and BqbfX...k6pd1 have sold 5 million tokens each. Currently, the identities of these addresses are still unknown, but their selling activities have significantly affected the price of SWARMS.
Ace Hot Topic Analysis
Analysis
Recently, the price of SWARMS has seen a significant drop, suspected to be due to a dump. According to monitoring, 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 believed to be the main driving force behind the price drop. Among them, the address HikmG...S2Yat sold 16.52 million tokens, one of its funding addresses has already made a profit of $3.73 million, and its remaining position still has a floating profit of $1.256 million, with a cost as low as $0.02291. The address 384zS...g8RUL sold 5 million tokens, and the address BqbfX...k6pd1 sold 5 million tokens. By tracing the source of funds, four distribution addresses can be found, all of which were established nine days ago or even earlier, and may belong to insider addresses or market maker addresses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SWARMS
plummet
suspected
to
be
caused
by
dumping
behavior
three
suspected
addresses
belonging
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
US
dollars
one
of
the
addresses
HikmG...S2Yat
sold
16.52
million
tokens
one
of
its
funding
addresses
has
made
a
profit
of
3.73
million
US
dollars
the
funding
sources
of
multiple
addresses
can
be
traced
back
to
nine
days
ago
or
even
earlier
building
positions
addresses
suspected
to
be
insider
addresses
or
market
makers
addresses