#Giant Whale Dumps SWARMS#
Hot Topic Overview
Overview
Recently, the SWARMS project has seen a whale dumping phenomenon. An early whale spent $2.18 million building a position over the past month, buying all the way up and not reducing their holdings even when the market cap surpassed $600 million. However, in the past week, the price has been steadily declining, and the whale has begun to sell frequently. Ultimately, they liquidated their remaining 7.42 million tokens at an average price of $0.1379, resulting in a total profit of $860,000. This event has drawn market attention and reflects the market pressure that the SWARMS project is currently facing.
Ace Hot Topic Analysis
Analysis
Recently, the SWARMS project has experienced a whale dumping event, drawing market attention. According to on-chain analysts, an early whale spent $2.18 million accumulating SWARMS over the past month, continuously adding to their position during the price surge, even when the market cap exceeded $600 million. However, the price has been declining steadily for the past week, prompting the whale to finally dump their remaining 7.42 million tokens, generating a profit of $860,000. The whale's average entry price was $0.0676, and their average exit price was $0.1379, indicating their keen judgment of market trends. However, it also reflects the market risks and volatility. This event has sparked concerns about the future trajectory of the SWARMS project, urging investors to closely monitor market fluctuations and invest rationally.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whales continued to accumulate positions during the SWARMS price surge and began to sell frequently when the price fell, eventually exiting with profits.
The whale's liquidation may have a negative impact on the SWARMS price, leading to a continued decline in the price.
The whale did not reduce its position when SWARMS broke through the 600 million market cap, indicating its early optimism about the project.
The whale's liquidation may signal that the SWARMS project is at risk, and investors should invest cautiously.