### Whale dumps SWARMS, causing a crash#
Hot Topic Overview
Overview
Recently, a whale dumping event occurred in the SWARMS project, attracting market attention. According to on-chain analysts, an early whale spent $2.18 million to accumulate SWARMS over the past month, buying all the way up, even without reducing their holdings when the market cap exceeded $600 million. However, the coin price has been steadily declining over the past week, and the whale began selling frequently, eventually dumping the last 7.42 million tokens at an average price of $0.1379, resulting in a total profit of $860,000. This incident shows that even early whales cannot completely avoid market risks, and price fluctuations remain a major challenge for investors.
Ace Hot Topic Analysis
Analysis
Recently, the SWARMS project has attracted market attention after experiencing a whale sell-off. According to on-chain analysts, an early whale accumulated SWARMS tokens at an average price of $0.0676, spending $2.18 million in the past month. This whale held its position until the market cap surpassed $600 million without any selling activity. However, after a week of continuous price decline, the whale started selling frequently, eventually dumping the remaining 7.42 million tokens at an average price of $0.1379, realizing a profit of $860,000. This event suggests that even early whales cannot completely avoid market risks. In the face of sustained price declines, even heavily invested holders may choose to exit, which undoubtedly sends a negative signal to the future development of the SWARMS project.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale liquidation caused SWARMS to plummet
Giant whales continued to accumulate SWARMS during its surge, and began to sell frequently when the price fell
Giant whale liquidation may trigger market panic, leading to further price decline
Giant whale liquidation indicates that they are not optimistic about the future trend of SWARMS