TRUMP Token Tanks: Whales Dump $8.58M—Welcome to Memecoin Casino Economics

Crypto’s latest political memecoin bloodbath sees TRUMP token holders liquidating en masse—because nothing says ’stable investment’ like a volatility rollercoaster tied to an ex-president’s Twitter feed.

Whales offloaded $8.58M worth of tokens in a single sell-off, proving once again that in the meme economy, the house always wins. Retail traders left holding the bag? Shocking.

Pro tip: Next time someone pitches you a token pegged to a politician’s ego, maybe just light your money on fire—it’s faster and warms your hands.

Whales Exit With Losses Despite Past Gains

The wallets who sold behind it had previously made profits on TRUMP, but this time they exited early incurring heavy losses. Wallet 3kjP9L sold 337,560 tokens for $3.80 million and ended up in a loss of $1.38 million. It is reported that this wallet had previously profited by $196,000 from the same token.

2 whales dumped 765,128 $TRUMP($8.58M) at a loss of $2.34M 5 hours ago!

3kjP9L made $196K on $TRUMP before, sold 337,560 $TRUMP($3.81M) 5 hours ago and lost $1.38M.

7X6Vun made $732K on $TRUMP before, sold 427,568 $TRUMP($4.77M) 5 hours ago and lost $961K!

Not only did they… pic.twitter.com/J8Fq4N2ihB

— Lookonchain (@lookonchain) May 4, 2025

A second wallet, 7X6Vun, offloaded 427,568 tokens simultaneously for $4.77 million, incurring a loss of $961k. That wallet previously pocketed a $732k gain during a different trading period.

The two whales would have attempted to scale down exposure after observing feeble signals within the market but their timing proved to be expensive.

TRUMP Price Struggles As Trading Volume Jumps

When the whales sold their tokens, TRUMP trading volume skyrocketed by almost 80% to $15.3 million on platforms such as Binance and KuCoin. This type of volume surge typically indicates that there is panic or overreaction by both buyers and sellers.

As of writing, TRUMP is priced at $11.18, down 27% in the last seven days. It’s anybody’s guess if it can recover or more investors will follow the whales and begin selling their assets.

The TRUMP token had been making waves after a recent special event announcement. United States President Donald Trump had, according to reports, offered gala invitations at his Washington Golf Club to the most prominent TRUMP token holders, generating buzz and pushing the price higher earlier during the week.

Traders loaded up, eager to make a profit from the increasing buzz. But the latest sell-off raised questions over just how solid that momentum had been. If big investors are exiting on a hype high, that could mean the conviction isn’t as widespread as it appeared.

A fresh report from the organization State Democracy Defenders Action asserts that Trump’s assets related to cryptocurrency now comprise almost 40% of his total wealth, which they project at approximately $2.9 billion. Included among these are the TRUMP and MELANIA meme coins and an interest in a business entity named World Liberty Financial, valued at 60%.

World Liberty was launched in October 2024 and can be defined as a crypto exchange with ties to the Trump family. The firm recently announced it will obtain a $2 billion investment from Abu Dhabi-backed firm MGX to purchase a stablecoin product called USD1. That fund will be reportedly utilized to invest in Binance.

Featured image from, chart from TradingView