#SWARMS Coin Price Plunges#
Hot Topic Overview
Overview
The price of SWARMS has plummeted recently, falling 28.82% in the past three days. According to monitoring, three addresses suspected to belong to the same individual or entity have dumped a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million, which is suspected to be the main driver behind the price drop. Among them, address HikmG...S2Yat dumped 16.52 million tokens, address 384zS...g8RUL dumped 5 million tokens, and address BqbfX...k6pd1 dumped 5 million tokens. The source of funds for these addresses can be traced back to four distribution addresses, with positions established nine days ago or earlier, possibly belonging to insider addresses/whale addresses.
Ace Hot Topic Analysis
Analysis
SWARMS price has plummeted recently. According to monitoring, three addresses suspected to belong to the same individual or institution have dumped a total of 26.52 million SWARMS in the past three days, worth approximately $8.08 million, suspected to be the main driving force behind the price drop. Among them, the address HikmG...S2Yat dumped 16.52 million tokens, worth about $5.16 million. One of its funding addresses has already sold 75% of its holdings, making a profit of $3.73 million. The remaining 5 million tokens are still floating with a profit of $1.256 million, with a cost as low as $0.02291. The other two addresses, 384zS...g8RUL and BqbfX...k6pd1, dumped 5 million tokens each, worth approximately $1.4 million and $1.52 million respectively. These dumping activities have resulted in a 28.82% decline in SWARMS price in the past three days.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The main reason for the decline in SWARMS price may be 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 about 8.08 million USD.
These three addresses are HikmG...S2Yat, 384zS...g8RUL and BqbfX...k6pd1, of which HikmG...S2Yat sold 16.52 million, 384zS...g8RUL sold 5 million, and BqbfX...k6pd1 sold 5 million.
One of HikmG...S2Yat's funding addresses has already sold 75% of its holdings and made a profit of 3.73 million USD, with the remaining 5 million still holding a profit of 1.256 million USD, with a cost as low as 0.02291 USD.
The funding sources of these three addresses can be traced back to four distribution addresses, which were built as early as nine days ago or even earlier, and may belong to insider addresses / market maker addresses.