TRUMP Whale Sells All Its Tokens: Made 181x Profit in Another Memecoin! Beware, It Could Be Insider!

robot
Abstract generation in progress

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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)