BlockBeats news, on January 8, according to on-chain data analyst @ai_9684xtpa's monitoring, a certain SWARMS whale sold off 15.28 million SWARMS (approximately $4.67 million) in the past 3 hours, accumulating a profit of $6.24 million through SWARMS.
According to reports, 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 cost of $700,000; subsequently, when Binance announced the launch of the contract, it reduced its holdings by 38% at a 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 also caused it to miss out on $9 million in paper profits within 24 hours.
