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A whale sold a second purchase of TRUMP, 3 hours ago, and lost $900,000 in principal
According to Jinse Finance, on-chain analyst Yu Jin monitored that a Whale who sold TRUMP before Trump's dinner plan missed out on a profit of 3.8 million USD. The Whale sold the TRUMP that he bought for the second time just 3 hours ago, losing not only the profit from the first sale but also 900,000 USD of the principal. His investment journey on TRUMP: On the morning of April 23, he sold 630,000 TRUMP at a price of $8.7, converting it into 5.483 million USDC, making a profit of $483,000. As a result, the evening dinner plan for Trump was announced, and the price of TRUMP skyrocketed to $16, causing him to miss out on a profit of $3.8 million. In the following days, the price of TRUMP remained high due to favorable dinner plans, possibly driven by FOMO, as he re-entered TRUMP at a price of $15.39 on 4/27. Early this morning, the price of TRUMP dropped by 13%. He sold his second purchase of TRUMP at a price of $11.29 just 3 hours ago. Not only did he lose the $483,000 profit from the first sale, but he also lost $900,000 of his principal.