Well, well, well. Looks like someone’s learned a lesson the hard way. A cryptocurrency investor, who thought they were being oh-so-clever by selling a massive chunk of their TRUMP meme coin stash, is now back to the market. And guess what? They’ve dropped a cool 5.196 million USDC to pick up a fresh batch of 337,000 tokens. That’s right, folks, nearly double what they sold for. Smooth move, right?
The price has ballooned since the sale, and not in their favor. On-chain analyst Ember CN spilled the beans, reporting that the whale paid an average of $15.39 per TRUMP token. A bit of a hit to the ego, huh? Considering they dumped 630,000 TRUMP tokens at $8.70 each—just 20 hours before a dinner with none other than former President Trump was announced. Talk about a missed opportunity!
So, here’s the kicker. The dinner invite sent the token soaring, and this whale watched helplessly as their potential profits of $3.8 million slipped through their fingers like sand. “Oops, my bad,” says the investor as they fork out even more money to get back in the game at $15.39. Not exactly the most graceful re-entry.
Oh, and the dinner itself? It’s a “Private, Members-Only Club in Washington, D.C.” kind of event, where the top 220 TRUMP token holders get to chow down with the former president on May 22. Naturally, this has sent the token price up, but it’s also had a few Democratic lawmakers raising their eyebrows. Classy move, right?
The TRUMP leaderboard is looking like a competitive sport now, with the largest holder sitting on over 1.22 million tokens, and second place not far behind at 1.19 million. Meanwhile, other traders have been hustling to make the most of the TRUMP token’s rise. One savvy trader swapped their entire stash of 1.18 million Fartcoins (worth about $1.22 million) for a respectable 78,671 TRUMP tokens.
A smart trader swapped all 1.18M $Fartcoin($1.22M) positions for 78,671 $TRUMP 18 hours ago.
This trader made 5 swing trades in $Fartcoin, each of which was profitable, with a 100% win rate and a total profit of $669K.
— Lookonchain (@lookonchain) April 27, 2025
Let’s be clear here: the TRUMP token had nearly a 90% increase right after the dinner announcement. But don’t get too excited—it’s still down a whopping 80% from its all-time high of $73. So, for all you dreamers out there thinking this is your big break, keep those hopes in check. The race to maintain a top spot on the leaderboard is real though, because who wouldn’t want direct access to a former president?
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2025-04-27 18:39