On April 22, a major holder of the meme-token Official Trump ($TRUMP ) sold all the coins he had acquired less than a week ago. This caught the attention of Lookonchain analysts.
On April 15, the trader bought 630,339 TRUMP for 5 million USDC at a price of $7.93.
When the token price reached $8.7, he sold everything for $5.48 million, making a profit of about $483,000.
At the time of writing, TRUMP shows a 10% daily increase and is trading at $9.36, according to CoinGecko.
Earlier, ForkLog reported that the meme-coin launched by U.S. President Donald Trump had risen in value amid the release of creator tokens.
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