Today, a Whale Wallet made a panic sale in the Major Falling Altcoin: The loss is significant!

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According to Crypto onchain data, a large crypto whale made a significant sell in an altcoin today.

Data revealed that the crypto whale with the short address 7X6Vu sold 427,600 TRUMP tokens for 4.9 million dollars. Interestingly, this crypto whale had accumulated these TRUMP tokens at an average price level of 13.47 dollars last week.

With the last sale, we see that the crypto whale has incurred a loss of $760,000. At the time this article is written, the TRUMP price is trading at $11.17, down 12% in the last 24 hours. The whale's sale, immediately following a sudden drop in the token's price at midnight, suggests that this could be a panic sale.

With this sale, the whale wallet has sold all of its TRUMP tokens and, according to on-chain data, it does not hold any other altcoins. Only the 4.77 million dollars worth of USDC stablecoin obtained from the sale continues to remain in the crypto whale's wallet.

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