#Whale trades reap huge profits#

Recently, a series of whale trades have emerged in the cryptocurrency market, with some resulting in huge profits while others have incurred losses. For example, one whale purchased 369,000 TRUMP at an average price of $46.77, spending 17.26 million USDC after TRUMP's price dropped. This whale had previously earned $11.8 million on TRUMP. However, another whale suffered a loss on TRUMP, spending $9.5 million to buy 187,360 TRUMP at an average entry price of $58.03. They haven't sold yet, resulting in an estimated unrealized loss of $2.47 million. Additionally, some whales have made significant gains on MELANIA. One address gained $59.57 million on MELANIA, with a return multiple of 87. This address purchased 5.203 million MELANIA at a price of 2,500 SOL (approximately $680,000) just two minutes after MELANIA's launch, with an average purchase price of only $0.13. Subsequently, as MELANIA's price skyrocketed, the address gradually sold 2.703 million MELANIA, realizing a profit of $30.4 million at an average selling price of $11.25. Currently, the address still holds 2.5 million MELANIA, valued at approximately $29.85 million. Its total gains (realized and unrealized) have reached $59.57 million. These whale trades indicate the high volatility of the cryptocurrency market and the significant impact whale trading behavior has on market trends.