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Trump's Altcoin Swallowed the Whales: They Suffered Losses After Making Millions - Coin Bulletin
Two different crypto whales who previously made significant profits with the TRUMP token, this time experienced serious losses on the same token.
According to the data from Lookonchain, these whales incurred millions of dollars in losses as a result of their investments.
The first whale known as 'traderpow' had previously made a profit of $22.7 million through the TRUMP token. However, this time, they purchased 309,514 TRUMP tokens at $53.93 per unit, spending a total of $16.7 million. As the token price dropped, the whale incurred a loss of $8.48 million. The same person had previously gained a profit of $22.7 million by buying 1.03 million TRUMP tokens for $1.79 and selling them for $23.84 each.
The other whale, on the other hand, made a profit of 11.8 million dollars through the TRUMP token but almost completely lost that profit. The investor, who spent 33.9 million dollars to buy 766,083 TRUMP tokens at $44.25 per unit, is currently at a $11 million loss.