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Whale Sells $5.48M in TRUMP Token, Gains $483K

Whale Sells $5.48M in TRUMP Token, Gains $483K

CoinomediaCoinomedia2025/04/23 23:44
By:Isolde VerneIsolde Verne

A crypto whale offloaded 630,339 TRUMP tokens for $5.48M, pocketing nearly $483K in profit at $8.70 per token.Whale Exits TRUMP Token with Nearly Half a Million in ProfitSmart Profit-Taking or Early Exit?Whale Moves as a Market Signal

  • Whale sold 630,339 TRUMP tokens for $5.48M
  • Sale price was $8.70 per token
  • Estimated profit from the move was $483K

Whale Exits TRUMP Token with Nearly Half a Million in Profit

In a calculated move, a crypto whale has exited their position in TRUMP tokens, selling all 630,339 tokens for a total of $5.48 million. The sale took place roughly 7 hours ago at a rate of $8.70 per token, marking a well-timed exit that netted the trader a solid $483,000 in profits.

This sale comes amid rising volatility and attention in the memecoin sector, where politically-themed tokens like TRUMP have seen sharp price swings driven by sentiment and speculation.

Smart Profit-Taking or Early Exit?

While some may see this as a smart profit-taking strategy, others in the market are watching to see if the whale’s exit will trigger a wider sell-off or affect community sentiment. Large-scale sales often put short-term downward pressure on token prices, especially in niche markets like this one.

However, locking in profits at such a high valuation signals confidence in disciplined trading—something many retail investors overlook during hype cycles.

This whale sold all 630,339 $TRUMP ($5.48M) at $8.7 7 hours ago, making a profit of ~$483K. https://t.co/SSfQHjAdTM pic.twitter.com/bea766AuuZ

— Lookonchain (@lookonchain) April 23, 2025

Whale Moves as a Market Signal

Whale activity is often seen as a barometer for short-term market direction. A complete sell-off, especially of this size, suggests the trader may believe the token has hit or is nearing a local peak. While not always predictive, such moves are closely monitored by traders looking to ride the waves or protect aga

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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