Whale ended the fourth TRUMPM trade with a $198K loss in less than a day

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Feb 27, 17:00

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Whale ended the fourth TRUMPM trade with a $198K loss in less than a day

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Related addresses

EwkH5aEmKEAC2M8eh8x8XVkNyPTZt1PSUH875bXrVmjP

Total tokens transferred

247.874K

TRUMPM

3.136M

USDC

Whale EwkH5 just sold all 247,874 TRUMPM for 3.136M USDC at an average price of $12.65:

address: EwkH5aEmKEAC2M8eh8x8XVkNyPTZt1PSUH875bXrVmjP

Notably, this marked the end of the whale's fourth TRUMPM trade with a realized loss of $198K (-4.94%) in less than a day:

spent 4M USDC to buy 297,874 TRUMPM at an average price of $13.42 14 hours ago (more details here);
quickly sold all TRUMPM for only 3.8M USDC at an average price of $12.77, as the price kept falling.

Overall, across 4 completed TRUMPM trades, this whale has incurred a total net loss of $12.8M (-25.1%), with a 50% loss rate.

Fig 1. The fourth TRUMPM trade of Whale EwkH5.

#trump

#official trump

#sell

#loss

#quickly

#price drop

#massive

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Whale EwkH5 ended the fourth TRUMPM trade with a $198K loss in less than a day

Last synced: Feb 28, 02:16

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Whale EwkH5 just spent 4M USDC to buy back 297,874 TRUMPM. Notably, only two days ago, this whale sold $9.47M worth of TRUMPM at a lower average price, closing the third TRUMPM trade with an estimated massive loss of $24.5M (-72%) after holding for over a month.