Whale Adds 121,000 TRUMP Tokens, Total Holdings Now $1.81M
According to on-chain tracker The Data Nerd, whale Hm8po has accumulated an additional 121,000 TRUMP tokens on Bybit, spending about $951,000. The whale now holds 233,500 TRUMP, valued at roughly $1.81 million, with an average entry price of $7.08. This large-scale TRUMP accumulation underscores growing institutional interest. Traders should monitor any subsequent on-chain movements or announcements, as further whale buys could fuel a bullish rally, while potential sell-offs may trigger short-term price dips.
Bullish
A whale’s substantial purchase of 121,000 TRUMP tokens demonstrates strong confidence and demand, often preceding upward price moves as supply tightens. Historically, major whale accumulations—such as similar large buys in memecoins—have driven short-term rallies. Continued on-chain purchases could sustain upward momentum, while any selling pressure would still be absorbed by reduced circulating supply. Overall, this signals a bullish outlook for TRUMP in both the near term and potentially longer run if institutional interest persists.