#LeBron Misses Out on $180 Million Profit#
Hot Topic Overview
Overview
Recently, NBA star LeBron James has sparked controversy due to his investment actions in the TRUMP token. According to reports, James sold 4.52 million TRUMP tokens at an average price of $1, cashing out too early and missing out on a profit of $180 million. Subsequently, he made a small trade, purchasing TRUMP for $2.5 million, but quickly sold it for $2.43 million, resulting in a loss of $67,000. Meanwhile, another whale made a profit of $7.86 million on the TRUMP token, successfully profiting from multiple transactions within 20 hours. James' investment missteps in TRUMP have drawn attention to the volatility and investment risks in the cryptocurrency market.
Ace Hot Topic Analysis
Analysis
Recently, basketball superstar LeBron James' trades on the cryptocurrency TRUMP have sparked controversy. Reports suggest that James sold 4.52 million TRUMP at an average price of $1, cashing out early and missing out on a profit of $180 million. Subsequently, he made two more trades within 2 hours, buying TRUMP for $2.5 million but quickly selling for $2.43 million, resulting in a loss of $67,000.Meanwhile, another whale sold 237,757 TRUMP within 3 hours, generating a profit of $1.21 million. This whale had purchased these TRUMP 20 hours earlier for $8.06 million USDC. Previously, this whale had also purchased 310,850 TRUMP for $1.59 million and sold them for $8.24 million, resulting in a profit of $6.64 million. In total, they made a profit of $7.86 million from TRUMP.James' trades on TRUMP have sparked discussions about volatility and trading strategies in the cryptocurrency market. While James missed out on a massive profit, other whales have generated substantial gains from their trades on TRUMP, indicating the significant opportunities and risks present in the cryptocurrency market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
LeBron missed out on $180 million in profits because he sold 4.52 million TRUMP at $1 before the TRUMP price went up.
LeBron's trading strategy on TRUMP has problems. He traded twice in a short period of time, once by cashing out too early and the other time by losing $67,000.
Some whales made huge profits on TRUMP, for example, one whale made a total profit of $7.86 million through TRUMP tokens.
The price of TRUMP fluctuates greatly, investors need to be cautious and avoid cashing out too early or losing money.