Whale Suffers Loss on TRUMP Memecoin After Trump’s Social Media Post
- A whale spent $5 million in USDC to buy TRUMP memecoin.
- The purchase followed a post by Donald Trump saying, “I LOVE $TRUMP.”
- The whale sold the TRUMP coins an hour later, incurring a $207,000 loss.
- Earlier this year, the whale made a $108 million profit from TRUMP.
- The Official Trump memecoin was launched in mid-January.
Despite losing $207,000 on a recent transaction involving the TRUMP memecoin, the whale previously profited significantly with a $108 million gain earlier this year. The asset continues to generate controversy and scrutiny.
Source (2.6)https://dailyhodl.com/2025/03/27/whale-who-netted-108000000-profit-on-trump-books-loss-on-the-memecoin-after-presidents-truth-social-post/?rand=59076
