Key Points:
- Two crypto whales bought 307,400 TRUMP , investing $7.06M and $3.167M during a price dip.
- One whale purchased at $34 per token, while another bought at $31.8, showing confidence in the token’s rebound potential.
According to data from lmk.fun monitoring, the recent dip in TRUMP token prices has sparked a buying frenzy among crypto whales.
Whales Invest Over $10M in TRUMP Tokens
In the past two hours alone, two notable transactions have grabbed the market’s attention, highlighting the confidence of large investors in this token. The first whale made a massive purchase, spending an impressive $7.06 million to acquire 207,870 TRUMP at $34 per token. This bold move demonstrates the whale’s belief in the token’s potential for future gains despite its recent price drop.
Similarly, a second whale invested heavily, spending $3.167 million to buy 99,530 TRUMP tokens at a slightly lower price of $31.8 per token. This strategic entry point further underscores the growing interest in accumulating TRUMP during periods of market weakness.
Read more: Trump Token Airdrop Proposal To Give Tokens To Voters
TRUMP Token Market Gains Momentum from Whale Activity
These substantial purchases indicate that whales are capitalizing on the price dip to accumulate large positions, likely anticipating a rebound in value. The total investment of over $10 million within a short timeframe suggests a strong belief in the TRUMP token’s long-term potential and resilience.
The TRUMP token market remains a hotspot for high-stakes activity, with significant transactions like these reinforcing its volatility and appeal to both seasoned investors and traders. With whales continuing to dominate the market during price corrections, retail investors may follow suit, contributing to the potential price recovery.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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