Whale TRUMP quietly sells off amid rumors about ETF

robot
Abstract generation in progress

As Trump's Truth Social prepares to launch a Bitcoin and Ethereum ETF, a large "Whale" quietly sold off 275,672 $TRUMP tokens worth 2.49 million USD. This Whale previously sold 100,000 TRUMP 15 days ago and still holds over 369,000 TRUMP ( worth 3.3 million USD). At the same time, the Trump Meme Team also withdrew liquidity consisting of 4.4 million USDC and 347,438 TRUMP, then transferred to a new wallet on Ethereum, raising suspicions of a quiet exit.

The price of TRUMP has decreased by 30% in the last 30 days and nearly 40% in the past 60 days, although it has still increased by 645% since the beginning of the year, currently trading around 9 USD with a 24h trading volume of 268 million USD. The related token "MELANIA" has also plummeted by 98% from its peak, now only at 0.213 USD. The capital withdrawal occurs just as the NYSE submits an application to list the Truth Social ETF with the SEC.

TRUMP0.48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)