Whale Capitulates: Sells TRUMP Token at a Loss After Eight Months

In the cryptocurrency market, the movements of whales are always closely watched. On-chain data reveals that a whale holding TRUMP tokens for eight months finally chose to cut losses and exit, suffering heavy losses.

Data shows that the whale with the address 2sBcbh sold 211,343 TRUMP tokens for approximately $847,000. It is reported that the investor lost about $1.29 million in this transaction. The whale purchased these tokens about eight months ago at a price of $10 per token, spending a total of $2.13 million.

The same whale's portfolio also includes transactions in Solana (SOL). It is reported that the whale previously purchased 18,787 SOL at an average price of $175, and the current loss on this position is approximately $1.62 million. On the other hand, there are also different whales in the market increasing their risk appetite. On-chain data shows that another whale has increased its leveraged long position in HYPE tokens. According to reports, the whale holds a 5x leveraged long position of 196,353 HYPE, with a total value of approximately $7.37 million.