BREAKING

Whale Misses $3.8 Million Profit by Selling TRUMP Ahead of Banquet Announcement, Faces $900,000 Loss

SOL

SOL/USDT

$72.74
-1.54%
24h Volume

$2,315,123,810.69

24h H/L

$74.68 / $72.42

Change: $2.26 (3.12%)

Long/Short
74.2%
Long: 74.2%Short: 25.8%
Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$73.22

-

Volume (24h): -

Resistance Levels
Resistance 3$79.27
Resistance 2$77.0005
Resistance 1$74.753
Price$73.22
Support 1$71.26
Support 2$68.3219
Support 3$64.4555
Pivot (PP):$73.44
Trend:Downtrend
RSI (14):49.8

According to recent data from EmberCN, the *cryptocurrency market* has witnessed notable volatility, particularly surrounding the recent trading activity of a prominent investor, referred to as the “whale.” On April 23rd, this whale successfully sold 630,000 units of *TRUMP*, securing a profit of $483,000 at a sale price of $8.7. However, following the announcement of a *high-profile banquet* event featuring Donald Trump, *TRUMP’s value* skyrocketed to $16, resulting in a missed opportunity for an additional profit of $3.8 million.

On April 27th, the trader reinvested, acquiring more *TRUMP tokens* at a slightly higher price of $15.39. In a rapid turn of events, early this morning, the price of TRUMP saw a sharp decline of 13%, prompting the whale to sell at $11.29. This latest transaction returned the original profit of $483,000 to the market and incurred a loss of $900,000 on the initial investment. Such fluctuations highlight the inherent risks in cryptocurrency trading, emphasizing the importance of *proactive risk management* strategies.

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