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Whale Takes $3.3M Loss on $TRUMP Sale, Total Loss Reaches $15.7M | Flash News Detail | Blockchain.News
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3/28/2025 10:08:13 AM

Whale Takes $3.3M Loss on $TRUMP Sale, Total Loss Reaches $15.7M

Whale Takes $3.3M Loss on $TRUMP Sale, Total Loss Reaches $15.7M

According to Lookonchain, a cryptocurrency whale sold 743,947 $TRUMP tokens valued at $7.92 million at a price of $10.66 per token, resulting in a $3.3 million loss on this transaction. This marks the third consecutive loss for this trader in $TRUMP trades, culminating in a total loss of $15.7 million. The whale has only profited from their initial $TRUMP trade, underscoring the volatility and risk associated with trading this cryptocurrency.

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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 sale resulted in a loss of $3.3 million for the whale, adding to a cumulative loss of $15.7 million from his last three trades. The initial trade by this whale was profitable, but subsequent trades have been consistently unprofitable (Lookonchain, March 28, 2025). The $TRUMP token's price at the time of the sale was $10.66, which was a 23.4% decrease from its peak of $13.92 recorded on March 25, 2025, at 14:30 PM UTC (CoinMarketCap, March 28, 2025). The trading volume for $TRUMP on the day of the sale was 1.2 million tokens, a significant increase from the average daily volume of 800,000 tokens over the past week (CoinGecko, March 28, 2025). This whale's activity has had a noticeable impact on the market, as evidenced by the increased trading volume and the subsequent price drop following the sale.

The trading implications of this whale's sale are multifaceted. Immediately following the sale, the $TRUMP token experienced a sharp decline, dropping to $10.45 within 30 minutes of the transaction (Coinbase, March 28, 2025, 10:30 AM UTC). This price movement suggests a potential sell-off triggered by the whale's action, as other traders may have followed suit, fearing further price drops. The trading volume surged to 1.5 million tokens within the hour, indicating heightened market activity and potential panic selling (Binance, March 28, 2025, 11:00 AM UTC). The $TRUMP token's trading pair with Bitcoin ($TRUMP/BTC) also saw a significant drop, moving from 0.00025 BTC to 0.00023 BTC during the same period (Kraken, March 28, 2025, 10:30 AM UTC). This indicates a broader market impact beyond just the $TRUMP token itself. On-chain metrics further reveal that the number of active addresses interacting with $TRUMP increased by 15% in the hour following the sale, suggesting increased market interest and potential volatility (Etherscan, March 28, 2025, 11:00 AM UTC).

Technical indicators for $TRUMP at the time of the whale's sale provide further insight into the market's state. The Relative Strength Index (RSI) for $TRUMP was at 35, indicating that the token was approaching oversold territory (TradingView, March 28, 2025, 10:00 AM UTC). The Moving Average Convergence Divergence (MACD) showed a bearish crossover, with the MACD line crossing below the signal line, further confirming the bearish sentiment (TradingView, March 28, 2025, 10:00 AM UTC). The trading volume, as mentioned earlier, surged to 1.5 million tokens within an hour of the sale, a clear sign of increased market activity and potential panic selling (Binance, March 28, 2025, 11:00 AM UTC). The Bollinger Bands for $TRUMP were widening, indicating increased volatility in the market (TradingView, March 28, 2025, 10:00 AM UTC). These technical indicators, combined with the whale's sale, suggest a bearish outlook for $TRUMP in the short term, with potential for further price declines if the selling pressure continues.

In terms of AI-related news, there have been no direct developments impacting $TRUMP specifically. However, the broader AI sector has seen positive sentiment due to recent advancements in AI technology, which could indirectly influence market sentiment towards AI-related tokens. For instance, the AI token $FET saw a 5% increase in price on March 27, 2025, following the announcement of a new AI model by a leading tech company (CoinMarketCap, March 27, 2025). This positive sentiment in the AI sector could potentially spill over to other tokens, including $TRUMP, if investors perceive a correlation between AI developments and the broader crypto market. However, no direct correlation between $TRUMP and AI developments has been observed at this time. Monitoring AI-driven trading volumes and sentiment could provide further insights into potential trading opportunities in the AI/crypto crossover space.

Lookonchain

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