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Altcoin Whale Earned a Fortune in 14 Days! Bought 20 Million and Raised 4.9 Million Dollars - Coin Bulletin
The movements of big whales in the cryptocurrency market continue to attract attention. This time, the whale made headlines with profits of more than millions of dollars.
According to the data of on-chain analysis platform Lookonchain, a whale that made large transactions in Swarms token made a profit today by selling 5 million Swarms for 7,232 SOL (approximately 1.35 million dollars).
Just 14 days ago, this whale had bought 20 million Swarms by spending 458,000 dollars. After the recent sale, there are still 15 million Swarms in its portfolio. The whale's total Swarms assets are now worth approximately 4.02 million dollars. With this profit-focused transaction, the whale has made a total profit of 4.9 million dollars in just 14 days.
These types of transactions can have significant impacts on both investors and market dynamics in the crypto world. Given the recent performance of the Swarms token, there is a keen interest in observing the kind of fluctuations these movements will cause on the price.