Whale Accumulates 625,765 TRUMP Tokens Amid Market Volatility

Generated by AI AgentCoin World
Wednesday, Jul 9, 2025 11:11 pm ET2min read

TRUMP, the token associated with the former U.S. President Donald Trump, is currently facing a critical juncture that could determine its short-term trajectory. A major whale wallet has accumulated over 625,765 TRUMP tokens, valued at approximately $5.33 million, over a span of 40 days. Despite facing nearly $1 million in unrealized losses, this wallet recently withdrew $1.7 million from a major exchange, indicating a strategic move or long-term confidence in the token's potential.

This accumulation pattern by the whale has not gone unnoticed, as it suggests a bullish sentiment amidst market volatility. The whale's strategy of buying into dips contrasts with the panic selling observed among other investors during drawdowns. As TRUMP hovers near its cycle lows, market participants are closely monitoring this wallet for signs of distribution or a stealth bullish lead.

In addition to whale activity, TRUMP has recorded $1.67 million in net inflows across major exchanges, marking a shift from the previous weeks of neutral-to-negative net flows. Rising inflows typically indicate an intent to sell, but given the historical resilience of TRUMP whales, it remains uncertain whether this is a short-term reaction or part of a broader trend. This inflow, combined with recent whale movements, adds a layer of uncertainty for traders evaluating the near-term price direction.

At the time of writing, TRUMP was consolidating near $8.66, above the $8.30 local low. According to Fibonacci retracement levels, resistance is spotted ahead at $10.12, with tougher ceilings around $13.06 and $14.35. The Moving Average Convergence Divergence (MACD) hinted at a potential bullish crossover, suggesting a shift in momentum. However, this signal remains weak without confirmation from volume or broader trend movement. Bulls appear cautious but committed, holding the lower support structure, making the next few sessions crucial in determining whether TRUMP regains bullish strength or continues its consolidation.

TRUMP’s derivatives market presents an ambiguous picture. Open Interest rose by 5.79% to $376.78 million, while volume ticked up by 3.51% to $348.79 million. This uptick suggests growing participation but not necessarily confidence, as the Long/Short Ratio hovered near 1.018, indicating that neither bulls nor bears dominated and traders remained split. While higher Open Interest often precedes big moves, directionality still lacks conviction here, suggesting that traders may be awaiting a trigger—on-chain or technical—to commit to larger positions.

Binance’s Liquidation Heatmap shows stacked short liquidations between $8.80 and $9.00. If bulls can push the price into this zone, a short squeeze could unfold quickly. However, support beneath is thin, especially around $8.30, making it a crucial floor. If bears drag the price below it, momentum may quickly tilt bearish again. Therefore, TRUMP’s trajectory remains uncertain as whale accumulation faces opposing forces—rising exchange inflows and indecisive derivatives’ sentiment. Price action near $8.30 and liquidation bands above $8.80 will determine whether bulls gain momentum or bears extend control. Traders must stay alert to whale behavior and leveraged pressure points in the coming days.

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