The latest insights from COINOTAG on May 8th reveal significant activity involving the TRUMP cryptocurrency. According to data provided by Arkham, a prominent address positioned eighth on the TRUMP Banquet Leaderboard executed two notable transactions, transferring over 408,000 TRUMP to the entity known as Meteora. This transfer held a valuation of approximately $4.68 million at the time of execution. After these transactions, the aforementioned address now retains a mere 0.079 TRUMP, hinting at a potential complete sell-off of assets. Notably, despite these changes, the address remains in its rank due to the time-weighted metrics employed by the leaderboard, illustrating the unique dynamics within the cryptocurrency market and the ongoing interest surrounding TRUMP.
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