A crypto whale withdrew 4 million USDC from the Binance exchange and used it to buy 276,968 $TRUMP tokens at a price of $14.44.
Whales, known as investors who trade large amounts in the cryptocurrency world, are closely followed in the market. According to the latest data shared by the blockchain analysis platform Lookonchain, a whale made an important move to buy #TRUMP tokens.
According to the information disclosed by Lookonchain, the whale in question withdrew 4 million USDC from the Binance exchange and used this amount to buy 276,968 TRUMP tokens at a unit price of $14.44. The total value of this transaction is approximately $4 million.
Institutional interest in the popular meme coin
This large purchase shows that the interest in the TRUMP token, which has been in the meme coin category that has become increasingly popular recently, continues. The purchase of approximately $4 million in a single transaction indicates that the token is in strong demand in the market.
Whale movements in the cryptocurrency market can often cause price fluctuations. This massive purchase has the potential to affect the price performance and liquidity conditions of the TRUMP token.
