A whale chased the rise and fall of TRUMP, losing $2.25 million in 17 hours

avatar
ODAILY
01-20
This article is machine translated
Show original
Odaily reported that according to on-chain analyst @ai_9684xtpa's monitoring, the whale chased the pump and dump of TRUMP, resulting in a loss of $2.25 million in 17 hours: 17 hours ago, the whale spent $5.1078 million to buy 76,566 TRUMP tokens at a high price of $66.7. 5 hours ago, the price of the token plummeted after the wife of Trump posted a , causing the whale to panic-sell all the tokens at an average price of $32.17, incurring a loss of $2.64 million. After selling, the whale found the slippage was too large and the token seemed to rebound, so the whale bought back 67,246 tokens for $2.46 million. This resulted in an additional loss of 9,320 tokens. The remaining tokens were then deposited into Binance at a price of $42.47. Based on the deposit price, the whale lost $2.25 million in 17 hours.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments