On-chain information exhibits that whales are making courageous actions and sensible cash shifting to Official Trump (TRUMP), a meme coin that includes President Trump. In line with as we speak’s information from On-chain Lens, a whale has spent $3.58 million USDC to buy 278,196 TRUMP at a price of $12.89 and deposited it into OKX.
Whale’s calculated gambit
Amid latest spectacular efficiency, this investor’s buy suggests a deliberate tactic, believing that the TRUMP meme coin may proceed making future upturn potential.
This huge acquisition signifies confidence in Trump’s potential amidst the present price pattern displaying upward strain. This big accumulation occurs at a time when Trump sees a outstanding restoration, suggesting that purchasing strain is at present in management. At this time, the token’s price jumped by 28.2%, inserting its present at $12.48. Additionally, the asset has been up 59.3% and 9.1% over the previous week and one month in the past.
This exhibits that whales are more and more shopping for the token, positioning themselves for additional price improve prospects. Whales typically purchase once they imagine in a token’s long-term potential. By strategically buying TRUMP at present costs, giant traders are positioning themselves for future price progress. This accumulation interval may lead to an upturn motion if investor sentiment and the broader market enhance.
The TRUMP dinner occasion
Substantial developments throughout the TRUMP market appear taking place after the pronouncement of the “TRUMP Dinner.” Yesterday, April 23, 2025, a whale purchased greater than 400,000 TRUMP cash value $4.908 million. At this time, the above-stated whale made one other important buy of 278,196 TRUMP tokens valued at $3.58 million.
Whereas the transfer by these massive traders has aroused curiosity throughout the crypto neighborhood, the “TRUMP Dinner” pronouncement appears to have been the issue behind these huge investments. The dinner occasion most likely attracted immense curiosity and enthusiasm, motivating whales to make the most of the token’s attainable upward transfer.
Yesterday, TRUMP surged by over 70% after the US President introduced two particular dinner occasions for TRUMP coin prime traders. In line with the announcement, 220 largest Trump meme coin holders shall be invited to attend a personal festive dinner with the president on Could 22. One other super-exclusive non-public VIP visitor occasion will host the highest 25 token holders.
The whale’s acquisition of 278,196 TRUMP cash following the “TRUMP Dinner” pronouncement is a major occasion within the digital asset market. This exercise showcases attainable huge investments within the coin and highlights the importance of main bulletins and occasions in influencing market forces. Investor response to this occasion shall be important for figuring out the longer term motion of the TRUMP token and its place within the wider crypto market.
