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Whale TRUMP Token Large Transfer: Market Signal of $7.8 Million Loss in 50 Days
【Blockchain Rhythm】 On-chain data shows that a whale, after holding the position for about 50 days, has just sold the TRUMP tokens in their possession. The recent transfer was significant—3 million TRUMP tokens were moved to a major exchange, valued at approximately $14.88 million at the time.
The issue is that the whale’s cost basis was not cheap. It initially spent $22.68 million to acquire these tokens, now only getting back $14.88 million, resulting in a direct loss of $7.8 million. This means that from purchase to sale, the token price has dropped by nearly 34%.
Such large-scale sell-offs often serve as market indicators. High-cost entries followed by quick cuts reflect the whale’s attitude towards the market. It is worth paying attention to the upcoming trend of TRUMP and the next moves of major players.