Last Night Was Brutal for $BTC TRUMP Holders
Last night, we witnessed a brutal crash in the Trump Coin ($BTC TRUMP) market after two major whales offloaded over $8.5 million worth of tokens. This heavy sell-off came right after the hyped Trump dinner event — which, let’s be honest, totally flopped and left investors feeling burned.
Been Watching This Closely — It’s Not Looking Good
I’ve been tracking this market nonstop, using tools like AlvaApp and Lookonchain, and the data is flashing red. The MACD just printed a nasty bearish crossover, and RSI has plunged into single digits — textbook panic selling signs. On top of that, exchange inflows are spiking, which usually screams one thing: people are running for the exits.
Two wallets in particular — 3kjP9L and 7X6Vun — dumped a combined 765,128 $TRUMP tokens. They walked away with a $2.34 million loss. Yeah, not just lost profits — they torched $1.42 million of their original investment. That kind of capitulation? It sent a clear signal: the confidence is gone.
Where Are the Big Buyers? Crickets.
What’s even more worrying is the complete absence of any big players stepping in to catch the knife. Once the key support levels cracked, it turned into a bloodbath. Over-leveraged longs got wiped, and the bears fully took control. Unless we get some serious buy pressure or a surprise reversal, it’s going to be hard to see any real recovery here. Maybe we’ll get a short-term relief bounce — but don’t count on it holding.
Trump’s Crypto Ties Are Starting to Smell
Outside of the charts, there’s growing noise around Trump’s deeper crypto connections. When asked about the coin during his second day back in office, he brushed it off with a smirk, saying, “I heard it was very successful.” But under the surface, Trump-linked entities have reportedly pulled in over $300 million in trading fees just since January.
Then there’s that sketchy $2 billion crypto deal his company — World Liberty Financial — signed with an Abu Dhabi-based firm. Analysts say it could rake in $27 million per year. Ethics groups are already sounding the alarm, and yeah — the conflict-of-interest talk is heating up. All of this casts a serious shadow over $BTC TRUMP and its future
