TRUMP's horrific loss | CryptoNews | Crypto

TRUMP's horrific loss | CryptoNews | Crypto A major investor lost $21 million on the re-purchase of TRUMP. Analysts at Lookonchain have recorded serious losses at a large holder of the meme token Official Trump (TRUMP). The investor, who previously earned $11.8 million, now finds himself $21 million in the negative. On January 18, the trader purchased 860,895 TRUMP for 12 million USDC at $13.94 per token. He later sold them at $27.67, making an impressive profit. However, he then decided to repeat the transaction and bought another 766,083 TRUMP for $33.9 million when the token price reached $44.25. After TRUMP's value plummeted in early February, his investment turned into a major loss: a $21 million loss, which not only completely nullified his previous earnings, but also reduced his initial capital by $9 million. Meanwhile, Arkham specialists discovered that on February 4, an unknown trader withdrew 10 million USDC from Binance and converted it into 6.68 million MELANIA via DEX Jupiter, making him the tenth largest holder of this meme-coin (about 0.67% of the total issue). Recall that on February 3, amid a massive drop in the crypto market, the price of TRUMP fell by 75% from its peak value. 🔔 If you want to be aware of all the important events of the crypto world, don't forget to subscribe to the channel and put a like! Your reactions help promote the content and make it even more interesting! 🚀 #Crypto #trump #CryptoNews