BREAKING

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

SOL

SOL/USDT

$101.54
+2.19%
24h Volume

$3,801,560,881.29

24h H/L

$105.80 / $98.00

Change: $7.80 (7.96%)

Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate

+0.0029%

Longs pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$101.68

-0.75%

Volume (24h): -

Resistance Levels
Resistance 3$124.3278
Resistance 2$104.8049
Resistance 1$102.0867
Price$101.68
Support 1$99.793
Support 2$95.8064
Support 3$85.365
Pivot (PP):$102.0867
Trend:Uptrend
RSI (14):57.1
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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.

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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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