Crypto Whale Sells 4.5 Million SWARMS Tokens After Binance Listing

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by Giorgi Kostiuk

2 years ago

The cryptocurrency world watches whale movements following the listing of SWARMS tokens on Binance. A crypto whale made significant moves.

Whale's Moves with SWARMS

A crypto whale sold 4.5 million SWARMS tokens worth $2.14 million. However, the whale still hopes for the token's success, as the wallet holds another 15.28 million SWARMS worth $7.2 million. Notably, this whale's wallet contains no other significant altcoins.

Other AI-Related Whale Deals

In the AI field, significant whale movements are also observed. One whale recently profited $12.8 million from AI16Z tokens, sold $3 million worth, and then bought $2 million worth of ARC.

Details of Whale Transactions

Upon examining Onchain data, the trader initially purchased $5.76 million worth of AI16Z and sold part of them for $7.5 million, achieving a total profit of $12.8 million. Additionally, the whale has been buying ARC at an average price of $0.32, spending $3.25 million since December 26.

Whale movements draw attention to the AI sector, where significant investments and trading activities are taking place.

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