Crypto Whale Sells 4.5 Million SWARMS Tokens After Binance Listing

user avatar

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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

US Tech Stocks Experience Significant Gains Driven by AI Boom

chest

The US tech stock market has seen substantial gains over the last year, driven by advancements in AI technology.

user avatarAyman Ben Youssef

Traders Predict Early Release of OpenAI's GPT-6 Model

chest

Prediction market traders are optimistic about the early release of OpenAI's GPT-6 model, estimating a 59% chance of launch by September 15.

user avatarTando Nkube

Visa Seeks New Crypto Stablecoin Partner for Global Settlements

chest

Visa is seeking a new crypto stablecoin partner to enhance its global settlement capabilities after the acquisition of its previous partner, BVNK, by Mastercard.

user avatarKofi Adjeman

AMD's Gaming Division Struggles Amid AI Market Concerns

chest

AMD's gaming division faces challenges with a 31% revenue dip, raising concerns about its ability to protect stock value amid potential AI market fluctuations.

user avatarSatoshi Nakamura

Michael Burry Warns of Potential AI Bubble Burst

chest

Michael Burry warns of a potential AI bubble burst that could lead to significant losses in tech stocks, particularly for companies like AMD.

user avatarNguyen Van Long

Nike Stock Hits 12-Year Low Amid Rebound Speculation

chest

Nike's stock closed at a 12-year low of $39.09, raising concerns about its future performance and potential for a rebound.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.