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📅 July 3, 7:00 – July 9,
Whale TRUMP quietly sells off amid rumors about ETF
As Trump's Truth Social prepares to launch a Bitcoin and Ethereum ETF, a large "Whale" quietly sold off 275,672 $TRUMP tokens worth 2.49 million USD. This Whale previously sold 100,000 TRUMP 15 days ago and still holds over 369,000 TRUMP ( worth 3.3 million USD). At the same time, the Trump Meme Team also withdrew liquidity consisting of 4.4 million USDC and 347,438 TRUMP, then transferred to a new wallet on Ethereum, raising suspicions of a quiet exit.
The price of TRUMP has decreased by 30% in the last 30 days and nearly 40% in the past 60 days, although it has still increased by 645% since the beginning of the year, currently trading around 9 USD with a 24h trading volume of 268 million USD. The related token "MELANIA" has also plummeted by 98% from its peak, now only at 0.213 USD. The capital withdrawal occurs just as the NYSE submits an application to list the Truth Social ETF with the SEC.