#Giant Whale Buys Back SWARMS#

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Overview

Recently, an early whale who had previously profited $8.42 million from SWARMS liquidated 25.69 million tokens, and then bought back 29.99 million SWARMS through DCA, with a total investment of about $7.74 million and an average cost of $0.2583. The whale has now returned to the second position on the leaderboard. This move indicates that the whale remains confident in the future development of the SWARMS project, and it has also sparked market attention and discussion about SWARMS.

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Analysis

Recently, an early whale who previously profited $8.42 million from SWARMS cleared 25.69 million early-staked tokens on January 9th. On January 11th, they bought back 29.99 million SWARMS through three addresses in batches (DCA), with a total investment of approximately $7.74 million, an average cost of $0.2583, and returned to the second place on the list. This is interpreted as the whale's optimism about SWARMS, believing that it still has upside potential. The whale's repurchase action has also attracted market attention to SWARMS, and its price has risen accordingly.

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Classic Views

Giant whale buyback of SWARMS indicates bullish outlook for the project's future

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Giant whales buy back through DCA, which may signal a market rebound

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Giant whale buyback behavior may trigger market following, pushing SWARMS prices up

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Giant whale buyback behavior may also involve market manipulation, investors need to be cautious

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