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<ul class="news-points">
 <li>Crypto Whale sells 103,759 TRUMP coins, equivalent to $867,000, for profit.</li>
 <li>The Whale made $3.66 million in the transaction, reflecting a 1,463% gain.</li>
 <li>Crypto traders are showing increased interest in ETH and DJT.</li>
</ul>
Spot On Chain, an AI-driven cryptocurrency analytics platform, has revealed a significant whale transaction involving the Trump-themed memecoin, TRUMP. The whale offloaded 103,759 TRUMP coins, valued at $867,000, amid ongoing controversies surrounding the Trump-themed memecoin.
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 Amid the recent <a href="https://twitter.com/hashtag/Trump?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Trump</a>-themed memecoins controversy, a whale decided to sell 103,759 <a href="https://twitter.com/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TRUMP</a> ($867K) in the past 24 hours for profits! The whale bought 495K <a href="https://twitter.com/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TRUMP</a> with only 250K <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDT</a> on Jan 19, And now has 386K <a href="https://twitter.com/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TRUMP</a> ($3M) left. The est. total profit is $3.66M (+1,463%)!… <a href="https://t.co/QYll4Uyjjc" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/QYll4Uyjjc</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1803672334752161892?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 20, 2024</a>
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According to Spot On Chain, the transaction was profit-motivated, given the whale’s historical involvement with TRUMP. The analytics platform stated that the unnamed whale used 250,000 USDT to purchase 495,000 TRUMP on January 19, 2024. After the recent selloff, only 386,000 TRUMP, equivalent to $3 million, remains in the whale’s por…
The post <a href="https://coinedition.com/crypto-traders-show-heightened-interest-in-trump-themed-memecoins/" rel="noopener noreferrer nofollow">Crypto Traders Show Heightened Interest in Trump-Themed Memecoins</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Traders Show Heightened Interest in Trump-Themed Memecoins

Coin Edition

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