Whale sell TRUMP, profit 483,000 USD, loss 900,000 USD

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TRUMP Cryptocurrency Transaction Report

On May 4th, tracking from EmberCN revealed that a “whale” sold TRUMP before Trump’s dinner plan was announced. This action caused the whale to miss out on a profit of 3.8 million USD. Three hours earlier, this whale had sold the second batch of TRUMP at a high price, returning the profit and losing 900,000 USD of principal.

In the early morning of April 23, the whale sold 630,000 TRUMP at a price of 8.7 USD, making a profit of 483,000 USD. After Trump’s plan was announced, the price of TRUMP skyrocketed to 16 USD, causing the whale to miss out on 3.8 million USD in potential profit. On April 27, the whale bought TRUMP at a price of 15.39 USD. This morning, the price of TRUMP dropped by 13%, and the whale sold for the second time at a price of 11.29 USD, both returning the old profit and losing 900,000 USD in capital.

Conclusion

The story highlights the risks of trading cryptocurrencies, especially in the case of unexpected price volatility. When participating in this market, the potential for high profit loss can occur.

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