Whale Trader Pumps $806M into $TRUMP Token, Betting on a Second Surge

The cryptocurrency market has seen another massive bet on the $TRUMP token, as a prominent whale, identified as wallet GV9kv…JA9Ad, poured $806 million into the asset.

This move reignites speculation about a potential second wave for what some call the “genuine presidential coin.”

This whale is no stranger to $TRUMP trades. In a previous move, they earned a staggering $6.67 million by buying low and selling high. Just an hour ago, they reinvested their entire profit into $TRUMP, with an entry cost of $33.90. As of now, their floating profit stands at $402,000.

The market saw another significant purchase two hours ago, where a trader spent $7.06 million USDC to acquire 207,868 $TRUMP in a single transaction. This same trader previously turned $1.52 million into $8.24 million by purchasing 310,850 $TRUMP at $4.89 and selling at $26.50, raking in $6.7 million in profits.

In another bold move, the same trader invested $8.06 million USDC just two hours ago to buy 237,757 $TRUMat $33.91.

A Painful Loss for Ansem

Not all bets paid off, however. A wallet owned by Ansem (@blknoiz06) sold 194,799 $TRUMP for $6.83 million two hours ago, incurring a loss of $2.55 million. Ansem initially purchased the tokens for $9.38 million at a cost of $48.14 each but sold them at $35.04, marking a sharp downturn.

As whales and traders make bold moves, the $TRUMP token continues to generate significant buzz. Whether this second wave will lead to another price surge remains uncertain, but it’s clear that high stakes and big risks define the current trading scene.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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