After the world’s largest cryptocurrency exchange Binance listed Swarms (SWARMS), an altcoin themed around artificial intelligence and memecoin, on its futures market, a crypto whale made a move in response.
A crypto whale has sold 4.5 million SWARMS tokens worth $2.14 million. However, it seems the whale has not given up hope on the token yet. The whale wallet currently holds another 15.28 million SWARMS tokens worth $7.2 million.
The whale does not have any other notable altcoins in his wallet.
On the other hand, there are other developments made by whales in the field of artificial intelligence.
According to the data, a crypto whale who recently made a profit of $12.8 million in AI16Z tokens sold $3 million worth of AI16Z and then bought $2 million worth of ARC.
When Onchain data is examined, this trader first purchased $5.76 million worth of AI16Z and sold some of them for $7.5 million, making a total profit of $12.8 million.
In addition, this crypto whale has been purchasing ARC at an average price of $0.32, spending $3.25 million since December 26.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/after-binances-announcement-the-ai-altcoin-whales-are-active-here-are-the-altcoins-they-bought-and-sold/