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The net outflow of funds from Bitcoin ETFs was superimposed by the geopolitical crisis, and the global crypto trading volume hit a 9-month lowStablecoins
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Shaanxi ICP No. 2025062059-1
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April 07, 2025 20:19
Shaanxi Public Security Network No. 61072302000174
At current prices, about $360 million of potential new supply is on the market, which could weigh heavily on prices.
The whale, which had previously made $22.7 million in Trump's $22.7 million profit, sold the lot at a staggering $14.06 million loss. Such a move by previously successful large holders can make the meme acidify market sentiment.
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The Trump Effect Part 2?
The whale, which had previously made $22.7 million in Trump's $22.7 million profit, sold the lot at a staggering $14.06 million loss. Such a move by previously successful large holders can make the meme acidify market sentiment.
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The pressure on the Trump token may soon increase further. A major token unlock is planned for April 18, which will release 40 million Trump tokens from vesting.
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At current prices, about $360 million of potential new supply is on the market, which could weigh heavily on prices.
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Chain data found by n shows that a major whale known as "Traderpow" abandoned $309,514 of Trump (worth about $2.63 million).
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Critics argue that Trump's token value has always been closely tied to Donald Trump's political clout rather than strong fundamentals, suggesting that the early popularity was driven more by hype.
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and the broader sell-off related to the global financial turmoil, trading around $7.41.
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Even a recent tweet by Trump himself did not trigger a price increase, so some investors were frustrated, the report said.
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