In a series of notable trades, address 8HKXH…W4nwA sold 2.82 million SWARMS tokens for approximately $344,000 at an average price of $0.1217.
The proceeds were converted into SOL and directed toward purchasing $TRUMP.
Just two hours later, the trader liquidated their $TRUMP position, realizing a profit of nearly $172,000. Using this profit, they returned to SWARMS through a new address, acquiring $485,000 worth of tokens at an average price of $0.1215. This move added 1.35 million SWARMS tokens to their holdings.
SWARMS Market Overview
SWARMS has experienced a significant price pullback, trading well below its recent highs. Despite this correction, the project continues to demonstrate strong liquidity, indicating sustained market interest.
The current price levels could attract value-seeking buyers eyeing a potential rebound. If momentum builds, SWARMS has the capability to recover and push higher, making it an attractive option for traders willing to capitalize on volatility.
Strategic Moves by Whales
This latest activity highlights the strategic approach whales are taking with SWARMS. By leveraging market corrections and reinvesting profits, they position themselves for potential long-term gains. The cycle of buying low and selling high demonstrates confidence in the project’s fundamentals and liquidity strength, even amid short-term price fluctuations.
拿 $TRUMP 赚的钱托底 $SWARMS ，这手曲线救国太感人了点🥹
7 小时前地址 8HKXH…W4nwA 在 $0.1217 卖出 282 万枚 SWARMS（约 34.4 万美金），用换得的 SOL 搜哈进了 $TRUMP
两小时前他清仓获利近 17.2 万美金，通过新地址花费 48.5 万的本金利润将 SWARMS 又买了回来，均价 $0.1215，一来一回多了… https://t.co/RxvlT0VpoP pic.twitter.com/9GW0QGKwGr
— Ai 姨 (@ai_9684xtpa) January 18, 2025
Conclusion
SWARMS may be down, but the sustained liquidity and interest among big players suggest a promising recovery is possible. As whales like 8HKXH…W4nwA continue to maneuver, smaller investors may look to follow the momentum for potential opportunities in the market. Patience and timing will be key for anyone eyeing a rebound in SWARMS.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, and Metaverse news!
Image Source: cooldesign/123RF
Source: https://nulltx.com/whale-profits-big-on-swarms-reinvests-for-more-gains/