- Crypto whale suffers significant loss selling TRUMP tokens.
- Marked the fourth consecutive trading loss.
- Sparks discussion on risks of memecoin trading.
A major anonymous cryptocurrency whale sold 743,947 TRUMP tokens five hours ago for $7.92 million, incurring a $3.3 million loss, according to
Lookonchain.
The recent sale and loss highlight the ongoing volatility in the memecoin market and underline the risks large trades pose to market stability. Many experts have noted that whale movements significantly influence token prices and market sentiment.
“This whale sold 743,947 $TRUMP($7.92M) at $10.66 five hours ago—taking another $3.3M loss on $TRUMP! He only profited on his first $TRUMP trade. The next three were all losses, bringing his total loss to $15.7M.” – Lookonchain
The whale, who remains unidentified, has seen only their initial TRUMP trade turn a profit. Subsequent transactions have resulted in substantial losses,
totaling $15.7 million. TRUMP tokens were sold at $10.66, down 23.4% from their previous peak of $13.92 on March 25, 2025.
The sale increased TRUMP’s trading volume by 50%, with the daily volume reaching 1.2 million tokens, compared to the weekly average of 800,000. The overall market saw a decline in TRUMP’s price, exacerbated by recent whale activities and broader market caution.
According to CoinMarketCap, TRUMP, listed under Solana’s ecosystem, has a current price of $10.33. Its market cap stands at $2,066,214,226.16, with a trading volume spike of 49.16% over 24 hours, showing a 7.19% decrease in price during that period.
Further losses among memecoin investors may drive stricter market regulations as authorities assess the high-risk nature of such assets. The repeat trading losses also prompt significant debate on the technological sustainability and strategic viability of memecoins, as discussed in
Arkham’s latest insights.