Large Cryptocurrency Investors Sell $TRUMP and $MELANIA at Losses
Large cryptocurrency investors, commonly known as “whales,” are selling off their holdings of $TRUMP and $MELANIA tokens at significant losses, according to Spot On Chain. The transactions have raised doubts about asset stability and contributed to general market sentiment instability. Traders have lost hope in these celebrity memecoins and are likely to transfer their funds to other coins with more potential.
> Whales are dumping $TRUMP & #MELANIA at HUGE $14M+ losses!
>
> 1/ Whale “DNTpo” sold 13.98M #MELANIA for 14.32M $USDC ~4 hours ago, taking a $14.9M loss (-51%) in just over a month.
>
> 2/ Whale “EwkH5” sold 763,583 $TRUMP for 9.47M $USDC ~3 hours ago, exiting their 3rd TRUMP trade…
> — Spot On Chain (@spotonchain) February 25, 2025
Crypto Whales Face Heavy Losses Amid Market Decline
Whale “DNTpo” conducted a significant token sale by exchanging 13.98 million $MELANIA tokens for 14.32 million $USDC, resulting in a loss of $14.9 million. This loss indicates a 51% reduction in market value within just one month.
Similarly, whale “EwkH5” sold 763,583 $TRUMP tokens for 9.47 million $USDC, leading to a total of $25.5 million in losses on their third withdrawal from $TRUMP trading. This sale resulted in a staggering 72% value reduction in less than two months.
The ongoing series of sell-offs illustrates the challenges substantial investors face due to declining market trends. Experts are debating whether the sales are a deliberate tactic for loss reduction or a panic response to decreasing trust in crypto tokens. Large trading movements can influence market trends and trigger behavioral changes among smaller investors, regardless of intent.
Whale Trades Trigger Uncertainty for $TRUMP and $MELANIA
Whale activities in the crypto market can lead to significant price fluctuations, affecting overall market stability. Continuous sell-off from whales may further devalue these tokens, unless new buyers start entering the market.
The transactions reported by Spot On Chain raise uncertainties about the long-term outlook for $TRUMP and $MELANIA tokens. Investors are advised to monitor market developments closely before making major decisions. Future trends will reveal if these digital tokens can recover or continue to decline in value.
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