TRUMP Whale Escape or Chip Movement?
3 hours ago, two whales withdrew a total of 420,000 TRUMP from Binance, worth approximately $5.4 million at current prices. Currently, these two addresses hold over 1.075 million TRUMP, with a market value of up to $14.35 million.
This is not a simple withdrawal; it is a concentration of chips that constitutes a high proportion of the circulating supply.
When large funds begin to lock in their holdings, it indicates two possibilities:
① Early positioning, bullish outlook for the future;
② Controlling the market and setting the pace, driving prices up for selling.
Regardless of which, retail investors should be cautious: what you are facing may not be the market, but a script.