A crypto whale recently made waves in the market with a series of TRUMP token trades, resulting in an $11.8 million profit from a $12 million investment followed by a $24.35 million loss on subsequent trades. Despite the setbacks, the whale continued with a new investment strategy, diversifying into trading PEPE, BEAM, and ONDO tokens.
The initial success came on January 18, 2025, when the whale purchased 860,895 TRUMP tokens for $12 million at $13.94 each and later sold them for $23.82 million at $27.67 per token, securing the $11.8 million profit. However, subsequent trades from January 19 to February 25, 2025, saw the whale buy 766,083 TRUMP tokens for $33.9 million at $44.25 each, only to sell them at a loss of $24.35 million.
Undeterred by the losses, the whale made another move on February 27, 2025, acquiring 297,874.5 TRUMP tokens for $4 million at $13.43 each. Unfortunately, the sale price dropped to $12.75, resulting in a $200,931 loss.
In addition to TRUMP, the whale also traded PEPE and BEAM tokens, incurring a $14.14 million loss but then purchasing 5.34 million ONDO tokens for $6.25 million using DAI stablecoin.
The market saw TRUMP’s price rise to $15.20, marking a 9.63% increase in the past 24 hours, with trading volume surging by 276.09% to $3.82 billion. DAI stablecoin remained steady at $1.00, while ONDO tokens were valued at $1.17 each.
These high-stakes trades and quick shifts in strategy indicate an aggressive and responsive approach by the whale in the volatile crypto market. As always, readers are advised to exercise caution and conduct thorough research before making any investment decisions in the cryptocurrency space.