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TRUMP Meme Coin Defeated in the Third: Total Loss Reached Utopian Levels! - Coin Bulletin
A whale sold 743,947 tokens worth 7.92 million dollars of TRUMP (TRUMP) tokens, incurring an additional loss of 3.3 million dollars.
According to the information shared by Lookonchain, this whale made a profit from its initial transactions with TRUMP, but experienced significant losses in its last four transactions. The recent sale caught attention as it increased the whale's total losses to 15.7 million dollars.
This whale had previously bought and sold the TRUMP token, making a profit of 11.82 million dollars in its first transaction, while incurring a loss of 24.35 million dollars in subsequent transactions.
As the large losses of the whale draw attention, investors are closely monitoring such volatile transactions. In another post made on March 3, it was reported that the whale spent 11.28 million dollars by purchasing 777,684 TRUMP tokens at 14.50 dollars. However, what will happen after this purchase is still unclear.
Significant losses and investor interest
Although the whale has suffered significant losses from its transactions, it continues to attract investor interest. However, incurring losses with each new transaction shows just how high the volatility of the TRUMP meme coin is.
The RUMP token has established a significant place in the market as Donald Trump's memecoin. Especially Trump's rare statements about the memecoin and social media posts continue to increase the trading volume of the token.