The market $TRUMP just witnessed a strong crash causing two large whale wallets to completely cut losses, with total damages reaching ~2.34 million USD.
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Details of each wallet:
• Whale 1
• Before the crash: Unrealized profit of about 196K USD
• After the crash: Cut losses, total loss of about 1.38 million USD
• Whale 2
• Before the crash: Unrealized profit of about 732K USD
• After the crash: Total loss of 961K USD
=> In total, these two wallets not only lost all their profits but also incurred a loss of about ~1.42 million USD of principal.
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Perspective:
This is a typical example of the risks associated with highly speculative memecoins, where cash flow can reverse in just a few hours. Even large wallets couldn't exit in time during this rapid decline.
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Note: This article is for informational purposes only and is not investment advice. Please consider carefully before participating in highly volatile assets.
