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Whales Dive Back Into TRUMP Token Amid Political Event Hype

Whales Dive Back Into TRUMP Token Amid Political Event Hype

Published:
2025-04-28 00:08:12
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[TRADE_PLUGIN]TRUMPUSDT,TRUMPUSDT[/TRADE_PLUGIN]
TRUMP News -

Whales have resumed accumulating the TRUMP token, pumping $6.4 million into the market ahead of a high-profile political dinner. This renewed interest comes after last week’s 79% price surge, though derivatives data now shows resistance to further gains.

Two new whale addresses have emerged as major buyers, with one entity making a $6.42 million purchase after previously exiting positions. Spot market activity remains high, creating tension between bullish accumulation and bearish derivatives positioning.

The token’s modest 1.57% gain in the past 24 hours contrasts sharply with its recent parabolic move, reflecting market uncertainty about whether political catalysts can maintain momentum. ’When whales make bets this size, they’re either seeing something others miss - or preparing to sell,’ observed a pseudonymous trader tracking the blockchain activity.

|Square

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