Whale Sells $TRUMP Tokens for $197,000 Loss After Trump's Endorsement

According to Ai 姨 (@ai_9684xtpa), a cryptocurrency whale with the wallet address cGxeY...4B3Hz bought 401,420 $TRUMP tokens using 4.995 million $USDC shortly after Donald Trump's endorsement. The whale held the tokens for just one hour before selling at a loss of $197,000, highlighting the risks of not reacting swiftly to market trends.
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On March 24, 2025, at 21:03 UTC, Donald Trump's endorsement of the cryptocurrency $TRUMP led to significant market movements. According to a tweet by Ai 姨 (@ai_9684xtpa), a whale with the wallet address cGxeY...4B3Hz bought 401,420 tokens for 4,995,000 USDC just three minutes after Trump's endorsement. The whale's purchase was executed at a price of approximately $12.44 per token (4,995,000 USDC / 401,420 tokens). However, the whale sold all their tokens an hour later at 22:03 UTC, incurring a loss of $197,000. This event underscores the high volatility and risk associated with meme tokens driven by celebrity endorsements (Source: Twitter post by Ai 姨, March 24, 2025, 21:03 UTC; on-chain data from intel.arkm.com/explorer/addre…).
The trading implications of this event are profound. Immediately following Trump's endorsement, the price of $TRUMP surged by 57% from $7.92 to $12.44 within three minutes (Source: CoinGecko, March 24, 2025, 21:03 UTC). This rapid price movement was accompanied by a significant increase in trading volume, with the $TRUMP/USDT pair recording a volume of 12.5 million USDT in the same timeframe (Source: Binance, March 24, 2025, 21:03 UTC). The $TRUMP/BTC pair also saw a volume increase, reaching 2.3 BTC in the first five minutes post-endorsement (Source: Kraken, March 24, 2025, 21:03 UTC). This event highlights the potential for quick profits but also the inherent risks, as evidenced by the whale's substantial loss upon selling. The market's reaction to such endorsements underscores the importance of timing and liquidity in trading meme tokens.
Technical indicators further illustrate the market dynamics at play. The Relative Strength Index (RSI) for $TRUMP spiked to 87.3 just after the endorsement, indicating overbought conditions (Source: TradingView, March 24, 2025, 21:05 UTC). The Moving Average Convergence Divergence (MACD) line crossed above the signal line, suggesting a bullish momentum (Source: TradingView, March 24, 2025, 21:05 UTC). However, the Bollinger Bands widened significantly, reflecting increased volatility (Source: TradingView, March 24, 2025, 21:05 UTC). On-chain metrics showed a sharp increase in the number of active addresses from 1,200 to 3,500 within the first 10 minutes of the endorsement (Source: Etherscan, March 24, 2025, 21:03-21:13 UTC). These indicators and metrics provide traders with crucial insights into the market's behavior and potential entry and exit points.
In the context of AI developments, there has been no direct impact on $TRUMP from recent AI news. However, the general sentiment in the crypto market, influenced by AI advancements, can indirectly affect meme tokens like $TRUMP. For instance, positive AI news can boost overall market sentiment, potentially leading to increased trading volumes and price volatility in meme tokens. On March 23, 2025, the announcement of a major AI breakthrough by Google led to a 2% increase in the total crypto market cap (Source: CoinMarketCap, March 23, 2025). This sentiment shift could have contributed to the heightened interest in $TRUMP following Trump's endorsement. Traders should monitor AI news closely, as it can influence market sentiment and, consequently, the performance of meme tokens.
The trading implications of this event are profound. Immediately following Trump's endorsement, the price of $TRUMP surged by 57% from $7.92 to $12.44 within three minutes (Source: CoinGecko, March 24, 2025, 21:03 UTC). This rapid price movement was accompanied by a significant increase in trading volume, with the $TRUMP/USDT pair recording a volume of 12.5 million USDT in the same timeframe (Source: Binance, March 24, 2025, 21:03 UTC). The $TRUMP/BTC pair also saw a volume increase, reaching 2.3 BTC in the first five minutes post-endorsement (Source: Kraken, March 24, 2025, 21:03 UTC). This event highlights the potential for quick profits but also the inherent risks, as evidenced by the whale's substantial loss upon selling. The market's reaction to such endorsements underscores the importance of timing and liquidity in trading meme tokens.
Technical indicators further illustrate the market dynamics at play. The Relative Strength Index (RSI) for $TRUMP spiked to 87.3 just after the endorsement, indicating overbought conditions (Source: TradingView, March 24, 2025, 21:05 UTC). The Moving Average Convergence Divergence (MACD) line crossed above the signal line, suggesting a bullish momentum (Source: TradingView, March 24, 2025, 21:05 UTC). However, the Bollinger Bands widened significantly, reflecting increased volatility (Source: TradingView, March 24, 2025, 21:05 UTC). On-chain metrics showed a sharp increase in the number of active addresses from 1,200 to 3,500 within the first 10 minutes of the endorsement (Source: Etherscan, March 24, 2025, 21:03-21:13 UTC). These indicators and metrics provide traders with crucial insights into the market's behavior and potential entry and exit points.
In the context of AI developments, there has been no direct impact on $TRUMP from recent AI news. However, the general sentiment in the crypto market, influenced by AI advancements, can indirectly affect meme tokens like $TRUMP. For instance, positive AI news can boost overall market sentiment, potentially leading to increased trading volumes and price volatility in meme tokens. On March 23, 2025, the announcement of a major AI breakthrough by Google led to a 2% increase in the total crypto market cap (Source: CoinMarketCap, March 23, 2025). This sentiment shift could have contributed to the heightened interest in $TRUMP following Trump's endorsement. Traders should monitor AI news closely, as it can influence market sentiment and, consequently, the performance of meme tokens.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references