A SWARMS whale cleared out its positions and left the market, making a profit of $6.24 million but missing out on the high point

PANews reported on January 8 that according to monitoring by @ai_9684xtpa, the SWARMS whale address f1BuD…MA1fu sold the last 15.28 million tokens worth about US$4.67 million in the past three hours, clearing out the entire position and leaving with a total profit of US$6.24 million.

The whale bought SWARMS in batches at an average price of $0.02615 between December 21, 2024 and January 5, 2025, investing a total of $700,000. After Binance announced the launch of the contract, he reduced his position by 38% at the peak, cashing out about $5.25 million. Then, when the price of the currency continued to fall, he chose to liquidate his position, with an overall return rate of up to 890%. Affected by the market decline in the past two days, the whale missed out on about $9 million in floating profits within 24 hours.