🔥🔥Today, a whale wallet panicked and sold a large amount of a falling altcoin: Huge Loss! 🔥🔥
According to on-chain data of cryptocurrencies, a large crypto whale made a significant sale of an altcoin today.
The data revealed that the crypto whale with the address 7X6Vu sold 427,600 TRUMP tokens for approximately 4.9 million dollars. Interestingly, this whale had purchased these tokens at an average price of 13.47 dollars last week. With the latest sale, it appears that the crypto whale has incurred a loss of about 760,000 dollars. At the time of writing, the price of the TRUMP token has dropped by 12% in the last 24 hours, falling to 11.17 dollars. The whale's sale following a sudden drop in the token price at midnight raises suspicions that this movement could be a panic sell.
With this sale, all TRUMP tokens in the whale's wallet have been sold, and according to on-chain data, it does not hold any other altcoins. The USDC stablecoin amounting to 4.77 million dollars obtained from the sale is still present in the whale's wallet.
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