On April 26th, COINOTAG reported notable movements in the cryptocurrency market, particularly involving significant investments in the TRUMP token. According to on-chain analyst Yu Jin, a prominent whale recently capitalized on the asset, witnessing a substantial paper gain of $1.109 million, equivalent to a 20% increase in value. This strategic investor had previously secured a profit of $732,000 from TRUMP within a remarkably short half-hour window two days ago.
Earlier today, the same investor acquired an additional 427,000 TRUMP tokens at a price point of $13.4 each. The asset’s price surged to $16 today, elevating the total investment from $5.732 million to an impressive $6.841 million. This transaction highlights the volatile nature of cryptocurrency investments and the potential for substantial returns in brief timeframes.