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Two Giant Whales Sold TRUMP Meme Coin at a Loss: They Sold with Serious Losses! - Coin Bulletin
Two major crypto investors sold 765,128 TRUMP tokens, with a total value of $8.58 million, at a significant loss.
According to the analysis platform Lookonchain that tracks crypto asset movements, two large investors defined as whales experienced significant losses in their recent sales. These sales were conducted about 5 hours ago and resulted in a total loss of 2.34 million dollars.
Previous earnings have been completely erased
According to Lookonchain’s data, the wallet coded as 3kjP9L previously made a profit of $196,000 from TRUMP token investments. However, in its last sale, it sold 337,560 TRUMP token for a value of (3.81 million dollars), resulting in a loss of $1.38 million. Similarly, the wallet coded as 7X6Vun made a profit of $732,000 from previous TRUMP investments, but lost $961,000 by liquidating 427,568 TRUMP token for a value of (4.77 million dollars).
Not only did these two investors lose all of their previous earnings, but they also lost about $1.42 million in principal capital. Experts note that this is an indication of the high volatility and risks of the meme coin market.