BlockBeats news, on January 8, according to on-chain data analyst @ai_9684xtpa, a certain SWARMS whale sold off 15.28 million SWARMS (approximately $4.67 million) in the past 3 hours. This time, they accumulated a profit of $6.24 million through SWARMS.
It is reported that this address accumulated SWARMS in batches at an average price of $0.02615 from December 21, 2024, to January 5, 2025, with a total investment of $700,000. Subsequently, when Binance announced the launch of contracts, they reduced their holdings by 38% at the peak, approximately $5.25 million, and chose to liquidate during tonight's continued decline. The overall return rate for this whale reached as high as 890%, but the recent decline over the past two days caused them to miss out on a $9 million unrealized profit within 24 hours.
