#SWARMS whale cashed out for $860,000 in profits#
Hot Topic Overview
Overview
Recently, the SWARMS project has seen an early whale cashing out. This whale spent $2.18 million accumulating tokens over the past month, buying consistently as the price rose, even when the project's market cap surpassed $600 million. However, following a week of continuous price decline, the whale began selling frequently, eventually dumping their remaining 7.42 million tokens at an average price of $0.1379, resulting in a total profit of $860,000. This event has attracted market attention and reflects the uncertainty surrounding the project's development.
Ace Hot Topic Analysis
Analysis
Recently, news of an early whale cashing out of the SWARMS project has attracted market attention. The whale spent $2.18 million accumulating SWARMS over the past month, holding on even as the price surged past a market cap of six hundred million dollars. However, after a week of consistent price drops, the whale began selling frequently, eventually clearing their remaining 7.42 million tokens at an average price of $0.1379, netting a profit of $860,000. This incident demonstrates that even early whales cannot entirely avoid market risks. In the face of sustained price declines, even heavy holders may choose to take profits. This event also reminds investors to be rational when investing in cryptocurrencies, avoiding blind following and prioritizing risk control and timely stop-loss measures.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Early
whales
in
SWARMS
cleared
their
positions
after
the
price
continued
to
fall
Whales
have
spent
2.18
million
dollars
building
positions
in
SWARMS
over
the
past
month
and
had
not
reduced
their
positions
when
the
price
broke
through
a
market
cap
of
600
million
dollars
Whales
eventually
cleared
their
positions
at
an
average
price
of
0.1379
dollars
with
a
total
profit
of
860
thousand
dollars
The
whale
clearing
behavior
may
indicate
that
the
SWARMS
price
will
fall
further