News

Smart Money Turns $1,146 Into $1.047 Million With A 91,297% ROI On $SWARMS—Without Insider Trading

A savvy investor, identified by the wallet address 6naxt…YWDbK, has demonstrated remarkable foresight by transforming a $1,146 investment into $1.047 million in just nine days, achieving an extraordinary return of 91,297%.

Surprisingly, the trades suggest no evidence of insider activity.

1️⃣ Initial Buy: On October 20, the investor purchased 55.85 million $SWARMS tokens during the internal trading phase at an average price of $0.00002052. The total cost was just 5.88 SOL.

2️⃣ Strategic Moves: Shortly after acquiring the tokens, half the position was sold within a minute, while 11.3 million tokens were transferred to a secondary address, Gh2tx…y4XX2.

3️⃣ Exit Strategy: The remaining tokens were gradually sold during $SWARMS’ official launch and subsequent price surge, at an average price of $0.01401.

As of now, both wallet addresses still hold 11.14 million tokens, currently valued at $420,000.

Related Post

What is $SWARMS?

$SWARMS is a concept token linked to AI agents, launched by high school entrepreneur KYE (@KyeGomezB), also known as Afro. Initially under the radar, the project gained unexpected traction when Shaw, founder of ai16z DAO, tweeted skepticism about its positioning, triggering a sharp price drop.

Ironically, this controversy drew attention from the crypto community. KYE’s consistent engagement, along with the strong performance of the ecosystem token $MCS, helped $SWARMS recover and achieve today’s significant surge. The token now boasts a market cap of $37.3 million.

In the past 24 hours, $SWARMS has skyrocketed 82%, reaching a record high. Meanwhile, another whale, 5Hfrn…bhUAs, began building their position 10 days ago and has now accumulated 46.77 million tokens (valued at $2.73 million).

This whale’s average buy-in price was $0.03093, resulting in a floating profit of $1.175 million, representing 4.67% of the total token supply.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: thvideo/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Brian Armstrong Sets Course for AI-Driven Transformation As Coinbase Cuts 14% of Workforce

Coinbase is about to undergo one of its largest structural reorganisations in some time, with…

10 hours ago

$150M Crypto Ponzi Scheme Crumbles, Forming Global Fraud Network As Investigators Freeze $41.5M

The suspicious DSJ Exchange (DSJEX) and BG Wealth Sharing scheme, now confirmed a Ponzi operation,…

10 hours ago

BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows As Demand Soars Following Ceasefire

Demand from institutions is heating up again, with U.S. spot Bitcoin ETFs logging a tally…

1 day ago

Western Union Launches USDPT Stablecoin on Solana to Transform Global Payments Infrastructure

Western Union expands its participation in the digital asset ecosystem with USDPT, a Solana native…

2 days ago

ZachXBT Exposes Alleged Illicit Flows And Market Manipulation Across Tokenlon And Influencer Networks

The cryptocurrency sector is in the spotlight again as ZachXBT has accused decentralized exchange Tokenlon…

2 days ago

Mantle Crossing $1 Billion In Aave Growth With ZK upgrade And Institutional DeFi Strategy

Mantle kicked off 2026 with a milestone event: it reached more than $1 billion in…

2 days ago