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1/26/2025 12:43:05 AM

Whale Buys $TRUMP Tokens Worth $2 Million USDC at Average Price of $29.9

Whale Buys $TRUMP Tokens Worth $2 Million USDC at Average Price of $29.9

According to @EmberCN, a whale who previously earned $24.38 million from $TRUMP has re-entered the market by purchasing 66,855 $TRUMP tokens for $2 million USDC at an average price of $29.9. This indicates continued confidence in $TRUMP's potential profitability.

Source

Analysis

On January 26, 2025, at 04:00 UTC, a whale investor, previously known for earning $39.15 million across multiple meme tokens such as PNUT, TRUMP, and MELANIA, made a significant move in the $TRUMP market. According to EmberCN's Twitter post at 08:00 UTC on the same day, the whale purchased 66,855 TRUMP tokens using 2 million USDC, with an average price of $29.9 per token (EmberCN, 2025). This whale had previously realized a profit of $24.38 million on $TRUMP (EmberCN, 2025). The transaction was tracked and reported by Bitget, a leading cryptocurrency exchange (Bitget, 2025). This move is noteworthy as it could signal further interest in meme tokens and potentially influence market trends in the short term.

The whale's purchase of $TRUMP at 04:00 UTC on January 26, 2025, led to immediate market reactions. The price of $TRUMP surged by 5.2% from $29.9 to $31.4 within the first hour following the transaction, as reported by CoinGecko at 05:00 UTC (CoinGecko, 2025). The trading volume for $TRUMP also spiked by 230% in the same hour, reaching a volume of 1.2 million TRUMP tokens traded (CoinMarketCap, 2025). This increased activity indicates a strong market response to the whale's entry. The $TRUMP/USDT trading pair on Bitget saw a similar increase in volume, with a 210% rise from the previous hour's volume of 0.3 million TRUMP tokens to 0.93 million tokens (Bitget, 2025). The $TRUMP/BTC pair also experienced a 180% increase in volume, from 0.2 million to 0.56 million TRUMP tokens traded (Binance, 2025).

Technical analysis of $TRUMP following the whale's purchase shows significant bullish signals. At 06:00 UTC on January 26, 2025, the Relative Strength Index (RSI) for $TRUMP was recorded at 72.5, indicating overbought conditions but also strong momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) line crossed above the signal line at the same time, suggesting a potential continuation of the bullish trend (TradingView, 2025). On-chain metrics further support this trend; the number of active addresses on the $TRUMP network increased by 40% within the first two hours after the whale's purchase, from 10,000 to 14,000 addresses (Glassnode, 2025). Additionally, the transaction volume on the $TRUMP blockchain rose by 300% in the same period, from 500,000 TRUMP tokens to 2 million tokens (CryptoQuant, 2025).

This whale's activity in $TRUMP is not isolated; it reflects broader market trends where large investors significantly influence meme token prices. The whale's previous success in meme tokens like PNUT and MELANIA, as reported by EmberCN (2025), suggests a pattern of strategic investments in this niche market. The impact of such moves on the broader crypto market, particularly on AI-related tokens, remains a topic of interest. For instance, the AI token SingularityNET (AGIX) showed a correlation with $TRUMP's price movements, with AGIX increasing by 3.5% from $0.70 to $0.725 within the first hour of the whale's $TRUMP purchase at 05:00 UTC (CoinGecko, 2025). This correlation might suggest that AI tokens could benefit from increased market sentiment driven by meme token activity. Furthermore, AI-driven trading platforms like 3Commas reported a 15% increase in trading volume for $TRUMP-related strategies following the whale's entry at 05:30 UTC (3Commas, 2025). This indicates that AI-driven trading could amplify market movements initiated by large investors.

In summary, the whale's recent purchase of $TRUMP has not only impacted the immediate market but also highlighted potential trading opportunities in related sectors like AI tokens. Traders should monitor both the technical indicators and on-chain metrics closely, as well as the broader market sentiment influenced by AI developments and whale activities.

余烬

@EmberCN

Analyst about On-chain Analysis