#Whale Dumps Massive Amount of TRUMP Tokens#

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Hot Topic Overview

Overview

Recently, the price of TRUMP has plummeted significantly, primarily due to large-scale selling by major players. Data shows that in the past 24 hours, TRUMP's main sellers have offloaded $152 million, resulting in a price pullback of over 15% from its peak. Previously, basketball star LeBron also sold 4.52 million TRUMP tokens at an average price of $1, cashing out early and missing out on a profit of $180 million. Despite this, some whales have profited from TRUMP, such as a whale who sold 237,757 TRUMP tokens three hours ago, making a profit of $1.21 million. Currently, major buyers are starting to intervene, and if net selling continues to shrink, TRUMP is expected to stop falling.

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Analysis

Recently, there has been a massive sell-off by whales in the TRUMP cryptocurrency, leading to a significant drop in its price. In the past 24 hours, TRUMP's major holders have sold over $152 million, causing the price to pull back over 15% from its peak. Previously, basketball superstar LeBron also sold 4.52 million TRUMP at an average price of $1, realizing his profit early and missing out on $180 million. Two hours later, he bought back TRUMP for $2.5 million, but quickly sold it again for $2.43 million, losing $67,000. In addition, according to Onchain Lens monitoring, a whale sold 237,757 TRUMP for $9.27 million USDC in a single transaction three hours ago, making a profit of $1.21 million. This whale had previously profited $6.64 million from TRUMP, bringing its total profits to $7.86 million. Currently, major buyers are starting to intervene, and if net selling continues to shrink, BTC and TRUMP are expected to rebound.

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Classic Views

TRUMP price dropped sharply, major players are selling at the limit price, and there is huge selling pressure.

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Some big players have already cashed out when TRUMP was at a higher price, such as LeBron who sold 4.52 million TRUMP at an average price of $1, missing out on a profit of $180 million.

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Some big players bought TRUMP at a low point and sold at a profit when the price went up, such as a whale who spent $8.06 million buying TRUMP in 20 hours and sold it for $9.27 million in 3 hours, making a profit of $1.21 million.

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TRUMP price fluctuates greatly and there are investment risks, investors need to be cautious.

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