Whales Continue to Accumulate SWARMS Tokens
According to recent data from Lookonchain, giant whales are persistently accumulating SWARMS tokens. A newly created address was observed withdrawing 2 million USDC from Binance and subsequently purchasing 3.58 million SWARMS tokens.
Previous Whale Activity
Earlier reports from BlockBeats revealed that four whales collectively spent $5.44 million on SWARMS tokens in a single night. Notably, this was not their first purchase of SWARMS tokens. Through multiple transactions, these whales had already generated a cumulative profit of $1.318 million.
Breakdown of Whale Transactions
The four whales in question made the following transactions:
* Address ATZ6K…cFjvj: Opened a position with a cost of $1.74 million within 22 hours, at a cost of $0.3782 per token. * Address 4YubR…Lkj3Q: Spent $1.478 million to open a position within 21 hours, at a cost of $0.3845 per token. * Address Aofcu…JnE8A: Purchased $1.165 million in tokens within 11 hours, at a cost of $0.4786 per token. * Address GH53k…QZCyF: Bought $1.055 million in tokens within 15 hours, at a cost of $0.4278 per token.
Conclusion
The recent accumulation of SWARMS tokens by giant whales suggests a growing interest in this cryptocurrency. With significant investments and profits already generated, it will be interesting to observe how this trend develops in the future.
Source: M.theblockbeats.info
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