CandleFocus

Crypto Whale Records $6.1M Profit with SWARMS within Just 14 Days

A whale in the crypto market has made a significant profit of $1.235 million by investing in the recently launched AI token called Swarms. The whale bought 20 million Swarms for $458,000 when the price was low, and has now sold 5 million Swarms for $1.35 million. They currently hold 15 million Swarms worth $4.02 million, resulting in a total profit of $4.9 million. The trader's strategy of buying low and selling high demonstrates their understanding of market dynamics. Meanwhile, the overall cryptocurrency market has been experiencing sideways movements and price declines, with Bitcoin trading at $94,190.96. Swarms token has also seen a consolidation trend and a decrease in price. Although it has outperformed the global digital asset market in the past seven days, there have been significant sell-offs by large holders.

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