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TRUMP Whale Sells All Its Tokens: Made 181x Profit in Another Memecoin! Beware, It Could Be Insider!
Crypto onchain data revealed that a crypto whale interestingly made a significant profit either by chance or as an insider trader.
A cryptocurrency wallet previously recognized as a major TRUMP memecoin whale made a profit of 1.4 million dollars from the MOONPIG memecoin it purchased for 7,619 dollars.
This whale was created on April 5 and spent 1 million dollars to buy TRUMP tokens.
This crypto whale may be someone with insider knowledge about the memecoin called MOONPIG. This also requires extra caution regarding this token.
Then, on May 2, he sold 600 TRUMP tokens, which was approximately 7.619 dollars, and with the money he obtained, he bought 16.44 million MOONPIGs. The value of these tokens corresponded to 1.4 million dollars at its peak.
On the other hand, onchain data presented another interesting piece of information regarding this crypto whale. The whale wallet known as a TRUMP whale sold all of its TRUMP tokens hours ago and only made a profit of $43,500.