### Whale Dumping SWARMS#
Hot Topic Overview
Overview
Recently, the SWARMS project has experienced a whale dump. An early whale spent $2.18 million accumulating tokens over the past month, even continuing to buy as the coin's market cap surpassed $600 million. However, after the coin's price fell continuously over the past week, the whale started to sell frequently. Finally, the whale sold off the last 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 facing the SWARMS project recently.
Ace Hot Topic Analysis
Analysis
Recently, the SWARMS project has 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, even when the price broke through a market cap of $600 million. However, after the price continued to decline over the past week, the whale began to sell frequently, ultimately dumping the remaining 7.42 million tokens at an average price of $0.1379, resulting in a total profit of $860,000. This event shows that even early whales cannot completely avoid market risks, and timely stop-loss is crucial in the face of significant price fluctuations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale dumped SWARMS for a profit of $860,000
Whale spent $2.18 million accumulating SWARMS over the past month
Whale began selling frequently only when the price was steadily falling
Whale did not reduce its position even when SWARMS market cap exceeded $600 million