### Whale Dumps SWARMS#
Hot Topic Overview
Overview
Recently, the SWARMS project has witnessed a massive whale dump. An early whale spent $2.18 million accumulating tokens over the past month, holding onto them even as the price surged past $600 million. However, the whale began to frequently sell off their holdings in the last week as the price experienced a sustained decline. Ultimately, they dumped the remaining 7.42 million tokens at an average price of $0.1379, generating a total profit of $860,000. This event has attracted market attention and reflects the recent market pressure faced by the SWARMS project.
Ace Hot Topic Analysis
Analysis
Recently, the SWARMS project experienced a whale dumping event, attracting 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 rally, even when the market capitalization surpassed $600 million. However, the price has been continuously declining over the past week, and the whale began to sell frequently, eventually dumping the remaining 7.42 million tokens at an average price of $0.1379, resulting in a total profit of $860,000. This event demonstrates that even early whales cannot completely avoid market risks, and even heavy investors may choose to exit and cut losses when the price continuously declines. This event also reminds investors to invest cautiously, avoid blindly chasing gains and selling at lows, and make investment decisions based on their own risk tolerance.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
A whale continued to accumulate during the SWARMS price surge, and did not reduce its position even when the price broke through the $600 million market cap.
The whale started selling frequently after the price had been declining for nearly a week, eventually liquidating its entire position at an average price of $0.1379.
The whale's investment in SWARMS generated a profit of $860,000.
The whale's liquidation could put some downward pressure on the SWARMS price.