Recent whale activity has drawn significant attention to $SWARMS, with two major investors making substantial moves that are helping drive its price upward.
In the past 18 hours, a whale known as 3EqUQ…xrU3s spent $1.415 million to accumulate 7.15 million $SWARMS tokens at an average price of $0.1979. This strategic move has already resulted in a floating profit of $150,000.
Interestingly, this isn’t the first time this whale has dabbled in $SWARMS. Two weeks ago, just a day after the token launched, the same address traded $SWARMS and managed to earn a modest $2,000 across two transactions. If they had held onto their initial position of 1.67 million tokens, which was acquired at a cost of $20,000, their profit would now stand at a staggering $345,000. Could this history of success explain their all-in approach this time?
The whale also made additional moves in the crypto space, spending $256,000 to acquire $ZAILGO, further diversifying their portfolio.
A new major player, identified as 3JbCs…xu5v1, has entered the scene. This address recently invested $1.5 million to acquire 4.968 million $SWARMS tokens at an average cost of $0.3019. Despite their recent entry, they are already sitting on a floating profit of $46,800.
The involvement of these two whales has significantly impacted $SWARMS, contributing to its rising price and market value of $300 million. Their heavy positions and aggressive buying strategies underscore their role in driving the token’s upward momentum.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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