TRUMP Crypto Whale’s $15M Loss: A Tale of Hubris and Hubbub

🚨 TRUMP Crypto Whale’s $15M Loss: A Tale of Hubris and Hubbub 🚨

TRUMP Crypto Whale’s $15M Loss: A Tale of Hubris and Hubbub

Oh, the woes of a TRUMP crypto whale! 🐳 This self-proclaimed “big league” trader has seen its overall losses balloon to a whopping $15 million, all thanks to the PolitiFi token’s precipitous 10% drop this Friday. πŸ“‰

The Whale’s Desperate Dumps

According to an X post by Lookonchain on March 28, our hapless whale sold a staggering 743,947 tokens, worth a cool $7.92 million, in the past 24 hours. 🀯 Alas, this trade maneuver left the trader with a severe $3.3 million loss, courtesy of an average sale price of $10.66. 🚫

But wait, there’s more! πŸŽ‰ Data suggests that this whale only profited on its first trade with the PolitiFi token. All subsequent trades brought losses, totaling a whopping $15.7 million. 🚨 Ouch! πŸ€•

The TRUMP Coin’s Fall from Grace

Remember when the TRUMP coin was all the rage? πŸš€ It shot up from $8 to $74 in a week, securing a spot on every crypto trader’s radar. πŸ“ˆ But, alas, all good things must come to an end. The token’s price crashed to a paltry $10, and as of press time, it’s trading at $10.35. πŸ“‰

The market’s waning action seems to have prompted the whale’s selloff, and market watchers are taking a cautious approach, reflecting a loss of confidence in the asset’s future potential. πŸ€”

Can TRUMP Price Recover?

One can only wonder if the TRUMP coin will ever recover to its former glory. πŸ€·β€β™‚οΈ A renowned market analyst has offered a bullish outlook, citing a double bottom pattern and potential for a bullish reversal. πŸ“ˆ The next price target? $13, with a possible rally to $18 or even $25. πŸš€

But, alas, a trading session above $50 and near previous highs remains a distant dream, as the token has slipped from the top cryptos by market cap to a mere 45th place. πŸ“‰

A recent TRUMP price prediction by CoinGape revealed a 61% bias in favor of bears, adding to market concerns surrounding the coin’s future price prospects. 🚨

However, as Donald Trump continues to usher pro-crypto movers in the U.S., market watchers anticipate some relief in price movements ahead. πŸ’ͺ After all, the token did rally 10% in just a day last week, only to fail to sustain the momentum. πŸ€¦β€β™‚οΈ

Read More

2025-03-28 15:33