🚨 Whale Dumps $7M in TRUMP – Is a Price Dip Coming? 📉
🐋 Whale Activity Raises Eyebrows
A wallet linked to the official TRUMP team transferred 722,010 TRUMP tokens (~$7.03M) to Coinbase, marking its largest single transfer in over a month. This move hints at possible insider selling, despite TRUMP’s price jumping 8.72% to $10.02.
📊 Exchange Inflows Suggest Caution
TRUMP’s Netflow spiked by $6.25M, indicating a shift to sell pressure.
Such inflows during rallies often limit upside potential, especially when whales are exiting.
📈 Bullish Breakout, but Resistance Ahead
TRUMP broke out of its descending trendline after holding support at $8.46.
Indicators like the Parabolic SAR and Directional Movement Index (DMI) support a bullish trend.
Watch out for resistance at $11.07 and $15.61 ⚠️.
⚖️ Leverage Traders: Torn Between Bull & Bear
Open Interest surged 14.57% to $479.59M, signaling increased speculation.
The Long/Short Ratio sits at 0.9881, showing a split market sentiment.
💥 Shorts at Risk of Liquidation Squeeze
Many high-leverage short positions lie just below the current price.
A breakout above $10.3–$10.6 could trigger cascading liquidations, potentially lifting price toward $11.5 or more 🚀.
🧠 Final Take: Trade Smart, Stay Alert
Despite bullish signals, the whale sell-off, rising exchange inflows, and market indecision may lead to near-term volatility.
👉 Watch spot flows, volume, and breakout confirmations before jumping in.