Trump Token Whales Move 126K to Bybit—Is a Sub-$10 Plunge Incoming?

Five major TRUMP holders just dumped 126,000 tokens into Bybit’s liquidity pool. The move sparks immediate speculation: Is this the first domino in a price collapse?

Market watchers are split—some see coordinated profit-taking, others fear a whale-driven selloff. With TRUMP’s volatility track record, the $10 support level now looks shaky.

Remember: In crypto, ’whale activity’ is just institutional behavior with worse PR. Either way, retail traders are left reading tea leaves—and bracing for impact.

Source: Arkham Explorer

Usually, a move by whales into exchanges is a bearish signal. If all of these tokens are sold, it will cause significant selling pressure, driving prices down if other buyers fail to absorb.

Therefore, if this selling activity continues, the memecoin could decline even further.

Is the memecoin set for another dip?

According to AMBCrypto’s analysis, Trump is experiencing downward pressure as sellers reenter the market.

Looking at the memecoin’s order delta, we can see that sellers are dominating as this metric turned negative.

A negative delta means that more sell orders are being executed in the market than those buying, reflecting strong bearishness.

Source: MobChart

This bearish sentiment was validated over the past day after the memecoin made a bearish crossover on its RSI. The bearish crossover on daily charts signals growing influence by sellers in the market.

This crossover validates the previous crossover by Stoch. This shift in market sentiment while whales are selling positions the memecoin for further losses on its price charts.

Source: Tradingview

Therefore, if whales who bought Trump to get into the dinner list turn to massive selling, the memecoin will decline as selling pressure mounts.

Further downward pressure will see the memecoin find the next support around $11.4. A breach of this critical support will push Trump below $10 towards $9.2.

To invalidate this bearish outlook, Trump whales have to turn to accumulating once again.