Crypto Whale Loses Over $15M in Tumultuous TRUMP Memecoin Trades

29.03.2025 06:28
A prominent crypto whale has incurred a staggering loss of over $15 million trading the TRUMP memecoin. According to data from Lookonchain, the whale realized a profit on its first TRUMP trade but then suffered losses on subsequent trades totaling approximately $15.7 million. The sequence of trades involved selling large amounts of TRUMP tokens at prices that resulted in significant negative returns. The coin, which once peaked at $73.43 following a mention on Truth Social, has since plummeted to roughly $10.38, marking an 86% decline from its all-time high. The report highlights that these risky trades are not isolated, as several other whales have also experienced similar setbacks amid the fading hype around the token. The news underscores the volatile nature of memecoins and cautions investors about the unpredictable market dynamics associated with such heavily hyped assets.