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Whale's TRUMP Token Sale Leads to $900,000 Loss After 13% Price Drop

Coin WorldSaturday, May 3, 2025 8:46 pm ET

1min read

A significant event unfolded in the cryptocurrency market as a prominent investor, often referred to as a "whale," sold their holdings of the TRUMP token. This sale occurred just three hours ago, marking the second time the whale has liquidated their TRUMP holdings. The first sale took place in the early morning of April 23rd, when the whale sold 630,000 TRUMP tokens at a price of $8.70 per token, resulting in a profit of $483,000.

Following this initial sale, the price of TRUMP surged to $16 per token after the announcement of the Trump banquet plan. This price increase meant that the whale missed out on a potential profit of $3.8 million. Despite this missed opportunity, the whale decided to buy more TRUMP tokens on April 27th at a price of $15.39 per token.

However, the cryptocurrency market is known for its volatility, and early this morning, the price of TRUMP dropped by 13%. This price drop led the whale to sell their second batch of TRUMP tokens at $11.29 per token. This sale resulted in the whale giving back their initial profit of $483,000 and incurring a loss of $900,000 on their principal investment.

This event highlights the risks and potential rewards of investing in cryptocurrencies. The whale's decision to sell their TRUMP holdings at different times resulted in both profits and losses, demonstrating the unpredictable nature of the cryptocurrency market. Investors must carefully consider the risks and potential rewards before making investment decisions in this volatile market.

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