TRUMP is nearing the $10 mark as a large whale dumps over $3.96 million. Short position liquidations and liquidation clusters on the heatmap signal a price explosion opportunity. Will the resistance zone at $10.12 open the door to the next liquidation chain?
With a whale retreating after 5 months of holding and suffering a loss of about $1.37 million, the TRUMP market shows cautious sentiment but still has significant trading volume from institutions. Short liquidations are creating momentum for the recovery trend.
MAIN CONTENT
The selling action of large whales creates pressure but does not diminish the attention from large investors.
The significant increase in short liquidations is the main reason for the current TRUMP price surge.
The price region above $10.12 is a sensitive point that could trigger the next liquidation chain and change the trend.
What other important role do whales play in TRUMP's developments?
According to CryptoQuant's Spot Average Order Size data, large-value transactions remain stable. The 'Big Whale Orders' index shows no signs of decline, indicating that whales are still heavily influencing the TRUMP market trend.
Even when whales have painfully exited, there is still a re-accumulation or controlled profit-taking by large investors. It is forecasted that whale activities will continue to create price fluctuations as this group always follows.
Analyzing whale data helps us better understand cash flow in the market and predict potential significant fluctuations.
– Joe Kim, CEO of CryptoQuant, July 2025
Are short positions contributing to the surge in TRUMP price?
Data from CoinGlass shows that short positions were liquidated up to $325.68 thousand, nearly three times higher than long liquidations at $112.37 thousand. This indicates that short pressure is being significantly liquidated as the TRUMP price slightly rises.
Binance, OKX, and HTX are exchanges maintaining large liquidation volumes, reflecting many investors using leverage misaligned with market direction. The main driver of this price increase is short position liquidations rather than a genuine increase in demand.
Could breaking through the $10 mark trigger the next short liquidation?
According to Binance's liquidation heatmap, the area from $10.12 to $10.50 has a high density of short liquidations, corresponding to the Fibonacci resistance level of 0.236. If the price breaks through this zone, highly leveraged short positions may be forced to liquidate en masse.
A likely outcome is that the TRUMP price quickly rises to the next resistance level at $11.24, potentially even targeting the $13.06 region. This is a trap area for investors who are overly short.
Breaking through strong resistance levels like $10.12 in the cryptocurrency market often brings about a drastic shift in supply-demand dynamics, especially with highly volatile assets like TRUMP.
– Helen Zhao, Cryptocurrency Market Analyst, July 2025
Is TRUMP ready to break out after holding the $9.78 region?
The current TRUMP price is fluctuating near $9.78 with light technical momentum, with MACD leaning towards an upward trend but still limited. The price range of $9.50 to $10.12 creates a clear accumulation band.
To change the macro trend, buyers need to maintain above the resistance level of $10.12, confirming the reversal signal formed from the bottom of $8.30 in June.
Can TRUMP bulls capitalize on the capital flight from the retreating whale?
Although whales selling off create short-term pressure, many signs still instill confidence in the bullish outlook for TRUMP, including significant trading activity from other whales, increased short liquidations, and liquidation clusters above $10.
If the buyers successfully break through the threshold of $10.12, a short squeeze could push the TRUMP price towards higher levels, creating an attractive short-term trading opportunity.
Frequently Asked Questions
1. How do whales affect the price of TRUMP?
Large buying and selling activities from whales create trends and volatility, directly impacting the price of TRUMP in the spot market.2. Why are short position liquidations important?
Short liquidations create buying pressure that drives the price up quickly, reflecting temporary demand but can trigger a short-term upward trend.3. What does the price level of $10.12 mean for TRUMP?
This is an important resistance level that will confirm a reversal if surpassed, causing short liquidation effects and price breakout.4. Should we expect TRUMP to rise when whales sell?
Whale selling may temporarily create pressure, but if other whales continue to participate actively, there is still growth potential.5. Where does the data showing whale activities and liquidations come from?
The main data is collected from CryptoQuant and CoinGlass, two leading cryptocurrency analysis platforms.
Source: https://tintucbitcoin.com/trump-whale-ban-som-gia-bay/
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