On April 23rd, COINOTAG News reported a significant transaction in the cryptocurrency market. According to data from EmberCN, a prominent wallet executed the sale of 630,000 TRUMP tokens, amounting to a value of approximately $5.48 million, resulting in a profit of $483,000. This strategic move follows a prior withdrawal in March of 10 million USDC from Binance, which was split across two addresses. Only a week prior to the sale, this whale used $5 million USDC to acquire the TRUMP tokens at an average price of $7.93. The decision to liquidate the entire TRUMP holding occurred when the asset reached a selling price of $8.70, ultimately converting the investment into 5.483 million USDC. This transaction underscores the significant movements of cryptocurrency whales and their impact on market liquidity.
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