Whale Profits Over $480,000 from TRUMP Meme Coin
On April 22, a major holder of the meme token Official Trump (TRUMP) sold all the coins acquired less than a week prior. Analysts at Lookonchain highlighted this transaction.
This whale sold all 630,339 $TRUMP($5.48M) at $8.7 7 hours ago, making a profit of ~$483K.https://t.co/SSfQHjAdTM pic.twitter.com/bea766AuuZ
— Lookonchain (@lookonchain) April 23, 2025
On April 15, the trader purchased 630,339 TRUMP for 5 million USDC at a price of $7.93.
When the token’s price reached $8.7, the trader sold everything for $5.48 million, securing a profit of approximately $483,000.
Had the trader waited for the announcement of a dinner with U.S. President Donald Trump, the profit could have exceeded $4.5 million due to the coin’s price surge, experts noted at Lookonchain.
At the time of writing, TRUMP shows a 10% daily increase and is trading at $9.36, according to CoinGecko.
Previously, ForkLog reported that the meme coin launched by U.S. President Donald Trump rose in value following the release of tokens by the creators.
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