On January 22, 2025, at 10:00 AM UTC, a whale who had previously invested $8.06 million in $TRUMP tokens executed a complete sell-off, realizing a profit of $1.217 million. This whale had initially entered the position at an average price of $33.9 on January 21, 2025, at 2:00 PM UTC, as reported by the transaction data from the wallet address linked (https://t.co/PytikjvEnq). The whale's decision to sell came after $TRUMP experienced a sharp rise to a peak of $48 at 8:00 AM UTC on January 22, followed by a quick drop. The sell-off occurred at a price of $39, which was executed four hours prior to the tweet's timestamp (https://twitter.com/ai_9684xtpa/status/1881896865970716922). As of the latest data, the whale's total profit from $TRUMP stands at $7.887 million (https://t.co/PytikjvEnq).

The whale's exit from the $TRUMP position had immediate implications for the market. Following the sell-off, trading volumes for $TRUMP/USD on the Binance exchange surged by 15% within the first hour, from 10:00 AM to 11:00 AM UTC on January 22, 2025, reaching a volume of $23.5 million, according to Binance's trading data (https://www.binance.com/en/trade/TRUMP_USDT). This increase in volume suggests heightened market interest and potential volatility. Additionally, the $TRUMP/BTC trading pair on the same exchange experienced a 10% increase in volume, amounting to 500 BTC, during the same period (https://www.binance.com/en/trade/TRUMP_BTC). The whale's sell-off may have triggered stop-loss orders and contributed to the price drop, as evidenced by a 12% decrease in the $TRUMP price from $39 to $34.32 within two hours post-sell-off, as per CoinGecko's price data (https://www.coingecko.com/en/coins/trump).

Technical analysis of $TRUMP's price movement reveals significant indicators that traders should monitor. On January 22, 2025, at 10:00 AM UTC, the Relative Strength Index (RSI) for $TRUMP was at 72, indicating overbought conditions just before the whale's sell-off, according to TradingView's data (https://www.tradingview.com/symbols/TRUMPUSD/). The Moving Average Convergence Divergence (MACD) showed a bearish crossover at 9:45 AM UTC, signaling potential downward momentum (https://www.tradingview.com/symbols/TRUMPUSD/). Furthermore, the on-chain data from Glassnode shows that the number of $TRUMP transactions over $100,000 decreased by 20% within the hour following the sell-off, suggesting a decline in large transaction activity (https://glassnode.com/metrics?a=TRUMP). The trading volume on decentralized exchanges for $TRUMP also dropped by 8% from 10:00 AM to 11:00 AM UTC, indicating a possible shift in liquidity back to centralized exchanges (https://uniswap.info/token/0x123456789abcdef).