According to Lookonchain, a cryptocurrency whale recently demonstrated 'paper hands' behavior by panicking during a market downturn. The whale initially invested 7,002 SOL, equivalent to $1.5 million, to acquire 4.97 million $swarms tokens. At its peak, the investment had an unrealized profit exceeding $580,000. However, when the price of $swarms plummeted, the whale sold all holdings for 7,004.77 SOL, making a marginal profit of just 2.77 SOL, or $594.