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Whale Moves 126,000 TRUMP Tokens to Bybit, Eyes 33% Profit

Coin WorldThursday, May 1, 2025 11:02 pm ET

1min read

On May 2nd, a significant transaction involving the TRUMP token was observed. According to monitoring data, a top whale from the TRUMP Dinner List transferred all 126,000 TRUMP tokens to the Bybit exchange 11 hours ago. The total value of this transfer was approximately 1.65 million US dollars. The whale's withdrawal price was $9.71 per token, and the deposit price was $13.02 per token. If the whale were to sell all the tokens at the current price, the expected profit would be around 420,000 US dollars.

This transaction highlights the strategic movements of large investors in the cryptocurrency market. The whale's decision to transfer such a substantial amount of TRUMP tokens to Bybit suggests a potential sell-off or a reallocation of assets. The significant difference between the withdrawal and deposit prices indicates a potential profit margin, which could be a result of market timing or strategic investment decisions.

The expected profit of 420,000 US dollars from this transaction underscores the potential for substantial gains in the cryptocurrency market. However, it is important to note that such transactions are subject to market volatility and other factors that could affect the actual profit. The whale's decision to move the tokens to Bybit could also be influenced by the exchange's trading conditions, liquidity, or other factors that make it an attractive platform for large transactions.

This event serves as a reminder of the influence that large investors, or whales, can have on the cryptocurrency market. Their actions can significantly impact the price and liquidity of tokens, and other investors often monitor their movements closely. The transfer of 126,000 TRUMP tokens to Bybit is a notable event that could have implications for the TRUMP token's price and the broader cryptocurrency market.

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