TRUMP Coin Whale Caves In To FOMO
5 days ago, one major Official Trump (TRUMP) investor sold off all of their 630,039 TRUMP coins for $5.48 million, at an approximate price of $8.7.
Major cryptocurrency players, popularly known as crypto whales, have applied a buy high sell low strategy on their investments as the market cycle’s FOMO tackles seasonal heights.
Just a few days back, blockchain intelligence platforms rang the alarm about one TRUMP coin whale selling a hefty amount of the United States President-flavored meme coin.
The crypto whale in question sold off all of their 630,339 TRUMP coins for $5.48 million, at an average price of $8.7. The mistimed deed resulted in a $4.5 million deficit in unrealized gains, as per LookOnChain stats.
On a brighter note, the trader still made an all-time profit of $483K. However, what happened next has left market watchers in awe.
[Email protected] missed out on the $TRUMP x dinner announcement and sold 630K $TRUMP at $8.7 for a $3.8M loss in a few days. He's now back with a larger appetite, using $519.6M to buy 33.7K $TRUMP at $15.39. His last buy was at $7.93 when he bought 630K $TRUMP before the announcement. Today, he's down 3.38%...
— Arkham (@ArkhamIntelligence) August 8, 2023The spotted crypto whale acquisition happened nearly at the 7-day high for TRUMP coin, which topped at $15.47 on Monday, now trading 14 cents below the milestone.
At present, this TRUMP coin believer is down 3.38% on their holdings, valued at $4.93 million, according to real-time stats from blockchain analytics platform Arkham Intelligence.
See More: Top 5 Crypto News This Week: Bitcoin Surpasses $80K In One Scenario
The post Crypto Whale Loses $3.8 Million After Prematurely Selling TRUMP Coin At 7-Day High appeared first on DailyCoin.output: A major crypto whale has been spotted applying a buy high sell low strategy on their investments as the market cycle’s FOMO (fear of missing out) tackles new seasonal heights.
As some platforms rang the alarm about one whale selling a TRUMP coin at a loss, the same crypto wallet has returned with a larger appetite after missing out on Donald Trump’s memecoin fan dinner announcement.
The spotted crypto whale acquisition happened nearly at the 7-day high for TRUMP coin, which topped at $15.47 on Monday, now trading 14 cents below the milestone.
At present, this TRUMP coin believer is down 3.38% on their holdings, valued at $4.93 million, according to real-time stats from blockchain analytics platform Arkham Intelligence.
The crypto whale in question sold off all of their 630,339 TRUMP coins for $5.48 million, at an average price of $8.7. The mistimed deed resulted in a $4.5 million deficit in unrealized gains, as per LookOnChain stats.
On a brighter note, the trader still made an all-time profit of $483K. However, what happened next has left market watchers in awe.
Using 519.6 million USDC, the crypto trader bought 337,000 TRUMP coins at an average price of $15.39. This buy order occurred just seven hours ago.
The post Crypto Whale Loses $3.8 Million After Prematurely Selling TRUMP Coin At 7-Day High appeared first on DailyCoin.
News data source: kdj.com
The above is the detailed content of TRUMP Coin Whale Caves In To FOMO. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
1666
14
1425
52
1327
25
1273
29
1253
24
OM Mantra Cryptocurrency Crashes 90%, Team Allegedly Dumps 90% of Token Supply
Apr 14, 2025 am 11:26 AM
In a devastating blow to investors, the OM Mantra cryptocurrency has collapsed by approximately 90% in the past 24 hours, with the price plummeting to $0.58.
The Crypto Market Has Witnessed a Rebound Following the Recent Sheer Downturn
Apr 13, 2025 am 11:40 AM
The crypto market has witnessed a rebound following the recent sheer downturn. As per the exclusive market data, the total crypto market capitalization has reached $2.71Ts
TrollerCat ($TCAT) Stands Out as a Dominant Force in the Meme Coin Market
Apr 14, 2025 am 10:24 AM
Have you noticed the meteoric rise of meme coins in the cryptocurrency world? What started as an online joke has quickly evolved into a lucrative investment opportunity
As Fear Drives Selling, BlockDAG (BDAG) Stands Out from the Crowd
Apr 13, 2025 am 11:48 AM
As fear drives selling in the crypto market, major coins like Cardano and Solana face tough times.
Nightfall: A Privacy-Enhancing Protocol for Ethereum Blockchains
Apr 13, 2025 am 10:48 AM
In the rapidly evolving world of blockchain technology, EY's Nightfall protocol has emerged as a significant development.
Bitwise Announces the Listing of Four of Its Crypto ETPs on the London Stock Exchange (LSE)
Apr 18, 2025 am 11:24 AM
Bitwise, a leading digital asset manager, has announced the listing of four of its crypto Exchange-Traded Products (ETPs) on the London Stock Exchange (LSE).
Metaplanet Expands Its Bitcoin Treasury Holdings by Another 319 BTC
Apr 15, 2025 am 11:20 AM
In an announcement made earlier today, Japanese firm Metaplanet revealed it has acquired another 319 Bitcoin (BTC), pushing its total corporate holdings beyond 4,500 BTC.
As Binance Coin (BNB) Gains Momentum Toward a $1,000 Breakout, New Altcoin RCO Finance (RCOF) Is Stirring Conversations
Apr 15, 2025 am 09:50 AM
As Binance Coin (BNB) gains momentum toward a $1,000 breakout