Trump Memecoin Crashes as Whales Jump Ship-What Now?

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The TRUMP memecoin, darling of the crypto ballroom, has been languishing in a descending corridor since it flirted with the cheeky high of about $9.50 two months ago. The bid to reclaim $5.6 keeps wavering, and thus the precious thing remains in a most respectable range-bound pose. 😏

As the curtain rises on the ledger, TRUMP trades around $5.4 after a modest little retreat. 📉

That stagnation seems to nudge at the sleeves of long-term holders. Several whales, bless their wallets, sauntered off after months of inactivity.

Whales Exit Stage Left as Deep Drawdowns Take the Spotlight

Whale sentiment has shifted, especially among those grand financiers who flocked to accumulate early last year. In truth, whales have not made a meaningful purchase since October 2025, when they celebrated seven consecutive accumulation days. More recently, TRUMP has logged six straight days with no whale buys, according to the Whale Buy Activity Indicator on Trading View. 🐳📉

Instead, the whales have been all about selling. The Whale Trend Analysis on Tradingview shows sales rolling in for 11 days straight. 😬

Arkham data captured one such whale moment. According to Arkham, a whale sold his entire Trump holdings after eight months on the shelf. 🧭

The whale dumped 437k TRUMP tokens worth $2.35 million into Binance. These tokens were purchased for $4.7 million, so the recent sale realized a $2.35 million loss. Ouch, darling. 💸

When whales realize losses exceeding 50%, it often signals eroding conviction rather than tactical rotation. That behavior suggests capital took a bow and left the stage rather than repositioning the act. 🎭

Momentum Weakens as Sellers Dominate

Selling pressure strutted across momentum indicators with a certain aristocratic inevitability. The Directional Movement Index showed a negative around 30, with the positive index near 21. That setup says the downside is the headliner tonight. 👀

Meanwhile, TRUMP remained below the 50, 100, and 200 EMA levels. The price structure kept tipping toward the sellers’ side of the ballroom. 🕺

If the distribution continues without a dainty sip of demand, TRUMP could revisit the 20 EMA near $5.2. A breakdown there might open the $5.0 zone, with downside guests trending toward $4.6. 🪪

For a trend reversal, bulls would need a decisive reclaim of the 50 EMA near $5.5. Without that shift, rallies may keep running into supply like a chorus of budget sighs. 🎶

Final Thoughts

  • TRUMP’s price action reads less like a chart and more like a shared confidant’s gossip-fading conviction among the big holders. 😂
  • Without renewed accumulation or a reclaim of key EMAs, downside risk may continue to define near-term sentiment. 😬

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2026-01-11 16:12