#Whale Dumps Massive Amount of TRUMP Tokens#
Hot Topic Overview
Overview
TRUMP has recently experienced a significant decline, primarily due to large-scale sell-offs by major players. Over the past 24 hours, TRUMP's main sellers have offloaded $152 million, causing the price to retrace more than 15% from its peak. Previously, basketball star LeBron sold 4.52 million TRUMP at an average price of $1, cashing out prematurely and missing out on $180 million in profits. Two hours later, he made a small transaction, ultimately resulting in a $67,000 loss. In addition, a whale sold 237,757 TRUMP three hours ago, generating a profit of $1.21 million, accumulating a total profit of $7.86 million from TRUMP. Currently, buy-side players are starting to intervene. If net selling continues to shrink, TRUMP is expected to rebound.
Ace Hot Topic Analysis
Analysis
Recently, there has been a large-scale sell-off of TRUMP tokens by large holders, resulting in a significant drop in the coin's price. Data shows that in the past 24 hours, TRUMP whales have sold over $152 million, causing the coin's price to retrace more than 15% from its peak. Previously, NBA star LeBron James sold 4.52 million TRUMP tokens at an average price of $1, cashing out $4.52 million, missing out on a profit of $180 million. Two hours later, he spent $2.5 million to buy back TRUMP, but quickly sold it for $2.43 million, losing $67,000. In addition, according to Onchain Lens, a whale sold 237,757 TRUMP tokens in a single transaction three hours ago, receiving 9.27 million USDC and making a profit of $1.21 million. This whale has also traded TRUMP many times before, accumulating a total profit of $7.86 million. Currently, major buyers are starting to intervene, and if the net sell amount continues to shrink, TRUMP is expected to rebound. However, it is 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 plummets, mainly due to large-scale dumping by major players, leading to significant selling pressure.
Some major players sold at the peak of TRUMP's price, missing out on profit opportunities. For example, LeBron lost $180 million due to early cashing out.
Other major players profited from TRUMP trading through buy-low-sell-high strategies. For example, a whale made $1.21 million in just 3 hours.
The price trend of TRUMP is influenced by major player trading activities. Major player trading activities can affect market sentiment, which in turn affects price trends.