$TRUMP Whale Activity Spikes: Massive $5.66M Moved Off Exchanges in 48 Hours
A whale recently withdrew 229,694 $TRUMP tokens with a total worth of $3.38 million from major trading exchanges like ByBit and Binance.
Till now, this major whale has extracted 413,530 $TRUMP tokens with an estimated value of $5.66 million from Binance and Bybit centralized exchanges during the previous 48 hours, as reported by Onchain Lens.
Floating Profit Already at $427K
This whale has positioned their tokens to generate a profit of $427,000, which demonstrates strong bullish sentiment about the upcoming $TRUMP price movements. The address Bw…WMy has been closely monitored because it continues gathering substantial assets throughout this period of stable prices.
What This Could Mean for $TRUMP
When exchange holders make major withdrawals, they tend to retain their assets either through long-term holding or strategic private sales off the market. A shift of available liquidity through the token’s recent exchange transactions might boost prices if market demand rises.
Participants are closely observing the trades because the whale operates from a profitable position using an aggressive accumulation strategy. The whale’s current moves might signify the start of growing accumulation activity hidden at lower levels.
BlockchainReporter Weekly Crypto News Review: Fed, Stablecoins, and Bitcoin
This week in crypto, regulatory shifts, major partnerships, and strategic integrations made headline...
ETH Price Rebound to $1,600 & Dogecoin Gains Momentum – BlockDAG’s Global Expansion Drives $218.5M Presale Growth
Catch up on Ethereum’s price rebound and DOGE's price update. See how BlockDAG’s real-world expansio...
Bitcoin Apparent Demand Turns Positive After Prolonged Slump
As per a CryptoQuant analyst “IT Tech,” the Apparent Demand Indicator of Bitcoin $BTC has shown a sh...