TRUMP remains stable despite being sold off: Whales and retail investors are actively accumulating

In the past 24 hours, 65,816,758,196 tokens have hardly fluctuated, only slightly up by 0.6%. This is particularly noteworthy as the development team behind this memecoin has just sold a large quantity of tokens and withdrawn $7.5 million from the market, including 347,438 TRUMP worth $3.12 million and 4.4 million 20,736,845,287 swapped for 02,501,709,814

56,251,534,503

Nevertheless, the price action remains stable – a sign that investors do not view this sell-off negatively, especially as the development team still holds 80% of the supply, equivalent to over $7 billion TRUMP.

At the same time, whales are actively accumulating. For example, Jupiter has increased its TRUMP portfolio by more than 365% in just a few days, purchasing over 275,000 tokens. Large entities like Ceffu, Stake.com, Robinhood, and OKX are also participating, accumulating nearly $12 million TRUMP in total. Retail investors are not left out, with over $550,000 flowing in during the same timeframe.

However, the derivatives market leans towards a bearish trend. Negative funding rates at Bybit, OKX, and Arkham reflect expectations of a sharp price decline, but if accumulation continues, the short side may face a strong squeeze.

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