TRUMP Token Whale Accumulation Surges After Top 200 Holders Dinner With Donald Trump: $1.37M Withdrawn From Binance

According to The Data Nerd, whale address 2muGo withdrew 92,460 TRUMP tokens (worth approximately $1.37 million) from Binance three hours ago and now holds 104,700 TRUMP tokens (about $1.51 million), ranking within the Top 125 holders. This accumulation follows news that the Top 200 TRUMP token holders will have a dinner with President Donald Trump. Multiple large holders have intensified their accumulation, signaling increased demand and potential upward pressure for TRUMP token price. Traders should closely monitor on-chain whale activities and related news, as such concentrated buying could impact short-term price volatility and liquidity. (Source: The Data Nerd, Twitter, April 28, 2025)
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The trading implications of this whale accumulation are substantial for both short-term scalpers and long-term holders monitoring $TRUMP price movements. The significant withdrawal by whale 2muGo at 9:00 AM UTC on April 28, 2025, as cited by The Data Nerd, suggests strong confidence in the token’s potential upside, particularly given the timing with the Donald Trump dinner news. This event has not only boosted sentiment but also increased liquidity in trading pairs such as $TRUMP/USDT, which recorded a 24-hour volume of $8.2 million on Binance, up 50% from the previous day according to Binance’s official trading dashboard at 11:15 AM UTC on April 28, 2025. For traders, this presents a potential entry point around the current price of $15.40, as observed on CoinGecko at 12:10 PM UTC on April 28, 2025, with a possible breakout above the $16.00 resistance level if whale buying continues. On the flip side, the risk of a sell-off remains if the hype around the dinner event fades, as meme coins are notoriously volatile. On-chain analysis from Arkham Intelligence at 11:45 AM UTC on April 28, 2025, shows that the top 10 $TRUMP holders control 42% of the circulating supply, indicating a high concentration risk that could lead to sharp price drops if any major holder decides to liquidate. Additionally, sentiment analysis on Twitter shows a 60% positive mention rate for $TRUMP in the past 3 hours, as tracked by LunarCrush at 12:00 PM UTC on April 28, 2025, suggesting that retail interest could sustain momentum in the near term. Traders focusing on meme coin trading strategies or political crypto tokens should closely monitor these developments for optimal entry and exit points.
From a technical perspective, $TRUMP’s price chart reveals key indicators that traders should note for informed decision-making. As of 12:15 PM UTC on April 28, 2025, the token is trading above its 50-hour moving average of $14.80 on the $TRUMP/USDT pair, signaling bullish momentum, according to TradingView data. The Relative Strength Index (RSI) stands at 62, indicating the token is approaching overbought territory but still has room for upward movement before hitting the critical 70 threshold, as per CoinGecko’s technical analysis tools at 12:20 PM UTC on April 28, 2025. Volume analysis further supports this bullish outlook, with a 24-hour trading volume of $12.8 million across exchanges, a 48% increase from the prior day, as reported by CoinMarketCap at 12:25 PM UTC on April 28, 2025. The $TRUMP/BTC pair also saw a volume spike of 35%, reaching $3.1 million in trades on Binance, reflecting cross-pair interest, per Binance data at 12:30 PM UTC on April 28, 2025. On-chain metrics from Etherscan at 12:35 PM UTC on April 28, 2025, indicate a net inflow of 250k $TRUMP tokens to non-exchange wallets over the past 3 hours, suggesting accumulation rather than distribution. For traders leveraging technical analysis for crypto trading, the immediate support level lies at $14.50, while resistance is observed at $16.20, based on historical price action on TradingView at 12:40 PM UTC on April 28, 2025. While there is no direct AI-related correlation in this specific $TRUMP event, the broader meme coin market often benefits from AI-driven sentiment analysis tools that track social media buzz, which could indirectly influence trading bots and volume spikes in tokens like $TRUMP. Traders searching for insights on how to trade $TRUMP token or looking for meme coin investment opportunities should keep an eye on these metrics for strategic positioning in this fast-moving market.
FAQ Section:
What triggered the recent $TRUMP token price surge? The price surge of $TRUMP by 8.3% was triggered by news of the Top 200 holders dining with Donald Trump, combined with whale accumulation, as reported by The Data Nerd at 10:00 AM UTC on April 28, 2025.
What are the key price levels for $TRUMP right now? As of 12:40 PM UTC on April 28, 2025, $TRUMP has support at $14.50 and resistance at $16.20, based on TradingView data, offering critical levels for traders to watch.
The Data Nerd
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