BREAKING

TRUMP Coin: Investor Sells 4.52 Million at Peak Price, Misses $180 Million Profit

SOL

SOL/USDT

$71.68
+4.16%
24h Volume

$2,206,332,144.14

24h H/L

$72.62 / $68.72

Change: $3.90 (5.68%)

Long/Short
76.4%
Long: 76.4%Short: 23.6%
Funding Rate

+0.0070%

Longs pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$71.76

2.91%

Volume (24h): -

Resistance Levels
Resistance 3$79.27
Resistance 2$76.1617
Resistance 1$73.1117
Price$71.76
Support 1$69.1641
Support 2$66.8133
Support 3$64.4939
Pivot (PP):$71.2867
Trend:Downtrend
RSI (14):46.9

In a significant development in the cryptocurrency market, recent data from Lookonchain reveals that an address liquidated a staggering 4.52 million TRUMP tokens at a valuation of $1 each. This transaction, initially valued at approximately $185 million, exchanged for 4.52 million USDC, resulted in the seller missing out on a potential profit of around $180 million.

Adding to the intrigue, just two hours later, the same wallet re-entered the market, purchasing back TRUMP with 2.5 million USDC. However, this strategic move quickly turned into a loss, as the tokens were sold for only 2.43 million USDC, resulting in a deficit of approximately $67,000. Such trading patterns underscore the volatility and risks associated with cryptocurrency investments, highlighting the importance of market timing.

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