TRUMP Whale Sells 2.2M Tokens, TRUMP Memecoin Below $3
A TRUMP whale dumped 2.2 million TRUMP tokens worth $6.29 million on Binance, realizing an estimated $398K loss after holding for about one month. The TRUMP memecoin price remains under $3, after trading in a descending channel following an early-March push to around $4.4.
Technicals and flow data point to persistent sell pressure. The TRUMP memecoin is supported near $2.8, but market participation is still dominated by sellers: Spot Taker CVD has stayed red for nearly 30 days, and sell volume (312M) exceeds buy volume (286M) on Binance over the past month. Net buying is negative, with a reported negative market delta.
Momentum indicators also lean bearish. Momentum Shift has remained in the negative zone for seven straight months (around -0.39). RSI is reported at 45.72, supporting the view that downside pressure is active. If TRUMP loses the $2.8 support level, the article suggests further downside toward $2.5. A reversal would likely require TRUMP to reclaim $3 and then push toward $4.
For traders, the key takeaway is that this TRUMP whale exit at a loss follows a pattern where large-holder sales can weigh on the TRUMP memecoin. Expect heightened volatility around $3 and $2.8 as sellers defend supply.
Bearish