Whale Dumps $3.96M in TRUMP Tokens, Short Squeezes Loom

A significant whale recently offloaded 407,427 Official Trump [TRUMP] tokens, valued at $3.96 million, after holding them for five months. This move resulted in a substantial loss of $1.37 million for the whale. The transaction, executed through multiple centralized exchanges, occurred just as TRUMP was hovering near $9.78, suggesting a calculated exit rather than a panic sell. This event may indicate broader sentiment among large holders questioning the token’s near-term upside potential.

Despite this large sell-off, TRUMP continues to attract high-value trades, as evidenced by Spot Average Order Size data. CryptoQuant’s whale-specific metrics show that “Big Whale Orders” are not retreating, suggesting that institutions or high-net-worth traders are still shaping market direction. These large orders could reflect either reaccumulation or controlled profit-taking, indicating that TRUMP memecoin is not lacking attention from whales. Such movements are crucial as they often lead or confirm price trends. As long as whale activity remains elevated, traders should expect sharp moves and potential volatility driven by these key market participants.

Official Trump’s Total Liquidation Chart revealed a surge in short liquidations totaling $325.68K, nearly tripling long liquidations at $112.37K. This imbalance indicates that short-sellers are consistently being squeezed out as the price edges higher. Major exchanges contributed most to this pain, revealing that leveraged bears were on the wrong side of the trade. If this squeeze dynamic holds, a prolonged recovery could be underway, even if temporarily unstable.

The Binance Liquidation Heatmap shows critical short liquidation clusters building above $10, particularly between $10.12 and $10.50. These levels align with the 0.236 Fibonacci resistance, creating a potential breakout zone. A move above $10 could trigger cascading liquidations, pushing prices quickly toward the next resistance at $11.24 and possibly even $13.06. This zone acts as a loaded trap for overleveraged bears, and breaching it could dramatically shift short-term momentum in bulls’ favor.

TRUMP reclaimed $9.78 and is consolidating just below key resistance. The MACD has turned mildly bullish, but momentum is still limited. Price action remains boxed between $9.50 and $10.12. To flip the macro trend, bulls must hold above $10.12. That would validate a reversal setup that began forming from June’s $8.30 bottom.

Whale exits and heavy short liquidations are painting a mixed but potentially bullish setup for TRUMP. Although the sell-off raised doubts, ongoing whale activity, rising short liquidations, and visible liquidation clusters above $10 suggest momentum may shift upward. If bulls reclaim $10.12 convincingly, short squeezes could push prices toward $11.24 and beyond. Therefore, the coming days may determine whether TRUMP uses this whale dump as fuel for a breakout or continues to stagnate below key resistance.