A crypto -walvis books millions of dollars in losses after making various official Trump (Trump) transactions.
According to Blockchain tracking platform Lookonchain, the losses of the whale have with an exile Up to almost $ 16 million on his Trump Memecoin acts this month.
“This whale sold 743,947 Trump ($ 7.92 million) on $ 10.66 [Friday] – Take a loss of $ 3.3 million on Trump! He only benefited from his first Trump trade. The next three were all losses and brought his total loss to $ 15.7 million. “
Earlier this month, Lookonchain noted That the same whale initially earned almost $ 12 million on his first Trump trade before he suffered the big losses.
“This whale earned $ 11.82 million on his first Trump trade, lost $ 24.35 million out of the second and took another $ 201,000 loss on the third! Now he has been reduced from $ 11.28 million to buy 777,684 Trump for $ 14.50. Will he make a profit this time?”
Other whales also look at losses on their recent Trump transactions.
An investor with a deep bag sold Trump for a loss of $ 207,000 this week after a $ 5 million in Circle’s Stablecoin, USDC, to collect the memecoin immediately after President Donald Trump “I love Trump” on his social media platform Truth Social, according to Lookonchain.
President Trump launched the Memecoin in January, just a few days before his inauguration.
Trump acts for $ 10.27 at the time of writing, a decrease of 8.1% in the last 24 hours.
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Generated image: midjourney