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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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#GT# #BTC# #XRP# #ETH# #DOGE# Trump whale raises concerns about Volatility by transferring 143 million Dollar. A large transfer of Trump coin has caused a stir in the cryptocurrency market today. Whale Alert reported that 15.3 million Trump tokens, worth over 143 million Dollar, were moved between unknown wallets.
This transfer occurred over the Solana network, surprising market participants. Such large movements often herald significant changes in the future, especially when they involve unknown parties.
This step comes at a time when Trump's coin is already showing signs of severe volatility. Analysts believe that this conversion could add more pressure. Alpha App noted that recent whale activity is boosting momentum for potential short-term price fluctuations.
Chain data shows that the token is experiencing more outflows than inflows recently. Outflows indicate that coin holders are withdrawing their assets from their wallets, often towards trading platforms. This typically signals a selling intention, which could increase selling pressure and cause its price to decrease.
The conversion of $TRUMP today aligns with this pattern and is already raising caution among traders. This is not the first major movement of this coin, but it is one of the largest movements so far.❤️❤️📈💯💯