#Whale Dumps Massive Amount of TRUMP Tokens#
Hot Topic Overview
Overview
The recent volatility in the TRUMP coin is mainly due to the massive sell-off by whales. Data shows that in the past 24 hours, TRUMP whales have sold $152 million worth of the coin, resulting in a price drop of over 15% from its peak. Previously, NBA star LeBron James missed out on a profit of $180 million after prematurely selling 4.52 million TRUMP tokens. Despite this, some whales have profited from TRUMP. For instance, one whale sold 237,757 TRUMP tokens 3 hours ago, making a profit of $1.21 million. Currently, buy-side whales are starting to intervene, and if the net selling amount continues to shrink, TRUMP could potentially stop falling.
Ace Hot Topic Analysis
Analysis
Recently, there has been a massive sell-off by large holders of TRUMP coin, leading to a significant price drop. In the past 24 hours, TRUMP whales have dumped over $152 million, and the current price is down more than 15% from its peak. Previously, renowned basketball player LeBron sold 4.52 million TRUMP at $1, prematurely cashing out and missing out on $180 million in profit. Two hours later, he bought back TRUMP at $2.5 million, but quickly sold it again at $2.43 million, resulting in a $67,000 loss. Furthermore, according to Onchain Lens monitoring, a whale sold 237,757 TRUMP three hours ago, earning 9.27 million USDC and realizing a profit of $1.21 million. This whale had purchased these TRUMP 20 hours ago for 8.06 million USDC. Previously, they had also profited $6.64 million from TRUMP, resulting in a total cumulative profit of $7.86 million. Currently, buyers are starting to intervene, and if the net sell volume continues to shrink, BTC and TRUMP may be able to rebound. However, it's important to note that the above information is for reference only and does not constitute any investment advice.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TRUMP price has fallen sharply, and major players are selling at the limit price, with huge selling pressure.
Some major players sold out when the TRUMP price was higher, missing out on profit opportunities. For example, LeBron lost $180 million due to premature cashing out.
Some major players also bought in when the TRUMP price was lower and successfully profited. For example, a whale sold TRUMP 3 hours ago and made a profit of $1.21 million.
The TRUMP price fluctuates greatly, and investment risk is high. Investors need to operate cautiously.