According to Gate.io News bot, monitoring data from @EmberCN shows that a Whale in the Crypto Assets market suffered significant losses in TRUMP Token trading. The Whale sold 630,000 TRUMP Tokens at a price of $8.7 on April 23, gaining $483,000. After the announcement of Trump's dinner plan, the price of TRUMP rose to $16.
The Whale subsequently repurchased 337,000 TRUMP Tokens at a price of $15.39 on April 27. However, during the market adjustment, the Token price dropped by 13% to $11.29, forcing it to choose to sell. This transaction not only resulted in a loss of the previous profit of $483,000 but also a loss of $900,000 in principal, totaling a loss of $1,383,000.
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Whale TRUMP Token trading loss of $1.383 million
According to Gate.io News bot, monitoring data from @EmberCN shows that a Whale in the Crypto Assets market suffered significant losses in TRUMP Token trading. The Whale sold 630,000 TRUMP Tokens at a price of $8.7 on April 23, gaining $483,000. After the announcement of Trump's dinner plan, the price of TRUMP rose to $16.
The Whale subsequently repurchased 337,000 TRUMP Tokens at a price of $15.39 on April 27. However, during the market adjustment, the Token price dropped by 13% to $11.29, forcing it to choose to sell. This transaction not only resulted in a loss of the previous profit of $483,000 but also a loss of $900,000 in principal, totaling a loss of $1,383,000.
Source: Wu Says