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Whale Activity on TRUMP Coin: 2 New Wallets Collected Loaded! - Coin Newsletter
Two newly created wallets purchased more than 630K TRUMP tokens by spending 5 million USDC.
According to data from on-chain analytics platform Lookonchain, the recent large-scale purchase of TRUMP has attracted attention in the market. The transaction, which was made through two newly opened wallets, was interpreted as belonging to a single whale.
An investor who bought 630,339 TRUMP tokens at an average of $7.93 with a total of $5 million in USDC may have an upside expectation on the price of TRUMP. This move may have a positive effect on the price in the short term, as well as increase investor interest.
According to data from CoinGecko, TRUMP has risen to $73 and is currently trading 90% below its ATH. At the time of writing, TRUMP is priced at $7.92.