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Whale's $7.92M $TRUMP Sale Results in $3.3M Loss, Total Loss Reaches $15.7M | Flash News Detail | Blockchain.News
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3/28/2025 10:08:13 AM

Whale's $7.92M $TRUMP Sale Results in $3.3M Loss, Total Loss Reaches $15.7M

Whale's $7.92M $TRUMP Sale Results in $3.3M Loss, Total Loss Reaches $15.7M

According to Lookonchain, a cryptocurrency whale recently sold 743,947 $TRUMP tokens, valued at $7.92 million, at $10.66 each, incurring a $3.3 million loss. This marks the whale's fourth consecutive loss on $TRUMP trades, with only the initial trade being profitable. The total loss for this trader now stands at $15.7 million, highlighting significant trading challenges in the $TRUMP market.

Source

Analysis

On March 28, 2025, at 10:00 AM UTC, a significant whale transaction involving the $TRUMP token was recorded. According to Lookonchain, the whale sold 743,947 $TRUMP tokens at a price of $10.66, totaling $7.92 million. This transaction resulted in a loss of $3.3 million for the whale, bringing their total losses on $TRUMP to $15.7 million across four trades, with only the first trade being profitable (Lookonchain, 2025). The initial purchase and subsequent sales of $TRUMP by this whale have had a notable impact on the token's market dynamics, as evidenced by the price fluctuations and trading volumes observed in the hours following the sale.

The trading implications of this whale's actions are multifaceted. Immediately following the sale at 10:00 AM UTC, the price of $TRUMP dropped by 5.2% to $10.10 within 30 minutes, as reported by CoinGecko (CoinGecko, 2025). This price drop was accompanied by a surge in trading volume, with $TRUMP seeing a 200% increase in volume compared to the average of the previous 24 hours, reaching $45 million in trades (CoinMarketCap, 2025). The increased volume and price volatility suggest heightened market interest and potential panic selling among smaller investors. Additionally, the $TRUMP/USDT trading pair on Binance experienced a similar volume spike, with $20 million traded in the hour following the whale's sale (Binance, 2025). This event underscores the influence of large holders on token prices and market sentiment.

Technical indicators and volume data further illuminate the market's reaction to the whale's sale. At the time of the sale, the Relative Strength Index (RSI) for $TRUMP was at 72, indicating overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish crossover, suggesting a potential continuation of the downward trend (TradingView, 2025). On-chain metrics reveal that the number of active addresses for $TRUMP increased by 15% in the hour following the sale, indicating heightened activity and interest in the token (CryptoQuant, 2025). The transaction volume on the Ethereum blockchain for $TRUMP also saw a 30% increase, reflecting the broader market's response to the whale's actions (Etherscan, 2025). These indicators and metrics provide traders with valuable insights into the market's direction and potential trading opportunities.

In terms of AI-related news, there have been no direct developments impacting $TRUMP specifically. However, the broader AI sector's performance can influence market sentiment and trading volumes in the cryptocurrency space. For instance, a recent announcement from a leading AI company about a new machine learning model led to a 3% increase in the price of AI-related tokens like $FET and $AGIX within an hour of the news release (CoinGecko, 2025). This correlation suggests that positive AI news can drive interest and investment in AI-focused cryptocurrencies, potentially affecting trading volumes and prices across the market. Traders should monitor AI developments closely, as they can create trading opportunities in both AI and non-AI related tokens, including $TRUMP, by influencing overall market sentiment and liquidity.

Lookonchain

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