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Whales are selling TRUMP – Should you follow suit?
04/08/2025 17:00
Bitcoin Magazine on


In the context of the TRUMP price plummeting, panic has enveloped large investors. This has led to 'whales' increasing their trading activities to mitigate risk. According to data from Onchain Lens, one whale withdrew 260,000 TRUMP tokens from Binance and sold them on the market, earning 2.048 million USDC.
Shortly after, another whale also took similar action, selling 309,514 TRUMP tokens valued at $2.63 million, despite incurring a loss of up to $14.06 million.
It can be said that two large investors have decided to sell off in the context of this memecoin facing a strong downward trend. These moves clearly reflect the lack of confidence from large institutions in the market outlook. History shows that when selling activity is high, prices often drop deeper due to supply far exceeding demand.
Impact on the price chart
As predicted, the selling pressure from 'whales' has negatively impacted the value of TRUMP. Accordingly, TRUMP has dropped to its lowest level in 3 months.
At the time of writing, TRUMP is trading at $7.3, recording a decrease of 19.84% for the day. On the weekly and monthly charts, the value of TRUMP has also decreased by 24.87% and 37.79%, respectively.
With the prolonged downtrend, the question arises as to whether TRUMP will continue to face further losses in the future.
Outlook for further losses
According to analysis from Bitcoin Magazine, TRUMP is currently under strong downward pressure as selling activity continues to increase.
Source: Coinalyze
First, the aggregated funding rate of TRUMP has shifted to negative after maintaining positive levels the day before. The shift to negative indicates that short positions are paying for long positions. This clearly reflects that the demand for short positions is exceeding that for long – a clear signal of bearish sentiment as investors expect prices to continue falling.
Source: Coinglass
Additionally, the net spot flows of TRUMP have also turned positive in the past 24 hours. When net flows on exchanges turn positive, it indicates that the amount of money deposited into the exchange is greater than the amount withdrawn. In other words, the number of sellers in the market is far exceeding the number of buyers – another indicator showing that pessimistic sentiment is dominating.
Source: MobChart
The sell-off activity of TRUMP is also reflected in the negative order delta index, which has dropped to a low of 23.14 thousand. A negative delta usually indicates that the number of sell orders executed in the market is greater than buy orders.
Across the market, selling pressure is currently coming from both large investors and retail investors. In fact, the RSI index of TRUMP has also fallen into the oversold zone, further reinforcing signs of pessimistic sentiment.
The increase in selling activity indicates that investors and holders are losing faith in the market's recovery outlook. Such conditions make TRUMP vulnerable to further losses on the price chart.
Source: Tradingview
Therefore, if the sell-off trend continues, TRUMP could drop below $7, even touching a low of $6.5. To reverse the trend, this memecoin needs to recover and maintain a price above $7.7, while also recording a positive daily closing.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct thorough research before making decisions. We are not responsible for your investment decisions.
