TRUMP ($TRUMP) 24-hour fluctuation 40.3%: Whale accumulation drives rebound from lows
Bitget Pulse2026/03/13 09:03Volatility Overview
In the past 24 hours, the price of TRUMP rebounded from a low of $2.706 to a high of $3.796, with the current price at $3.750, showing an overall intraday fluctuation of 40.3%. Trading volume surged significantly, reaching several hundred million USD within 24 hours (according to CoinMarketCap data, around $440 million during a similar period), with a net outflow of over $5.2 million from exchanges.
Brief Analysis of Abnormal Movements
- Whale accumulation dominated: On-chain data from Nansen shows that whales quietly accumulated positions during price corrections. In the past seven days (including the latest 24 hours), net inflows exceeded $786,000, while outflows from exchanges totaled $5.2 million, directly supporting a quick rebound from the $2.706 low.
- News events triggered volatility: Community monitoring indicates that recent news events caused a rapid 10% spike followed by a retracement, with heightened volatility driven by amplified political speculation sentiment.
Market Views and Outlook
The mainstream market sentiment is cautiously optimistic. The X community considers the current RSI22-25 as extremely oversold, approaching the historical low of $3.02. There is a possibility of testing the MA50 ($7.807) resistance in the short term. However, it is emphasized that the token lacks practical value, with 80% of the supply locked by Trump-affiliated entities for three years, making it highly risky and dependent on political news catalysts; analysts note that a "sell the news" pattern is common, and prices often retrace shortly after short-term rebounds.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US PPI report to test Bitcoin, gold and Nasdaq as December rate hike looms
Nvidia falls to its lowest valuation in 14 years! "Super bull" Tom Lee calls for bottom fishing, retail investors are buying more as it drops, but Wall Street is divided
After the market opened on Thursday, retail investors went against the trend and bought up Nvidia, with net purchases reaching $111 million in just half an hour, setting a record for the same period. Investors such as Tom Lee have publicly supported the company, with institutions optimistic about strong order backlogs extending to 2028, robust revenue growth, and opportunities created by declining valuations. Meanwhile, institutions like Bernstein and Goldman Sachs have become more cautious about Nvidia's outlook, with concerns focusing on management succession and technological leadership following Jensen Huang's departure.
Jane Street boosts Fidelity Bitcoin ETF stake 8x in Q3, trims BlackRock IBIT
From SpaceX to Anthropic, the market has new strategies for dealing with tech giants' IPOs
The market's response strategies to major listings are currently centered around "index inclusion expectations": the new regulations allow mega IPOs to be included in the six major indices within 15 days, triggering concentrated buying by passive funds. Investors are positioning themselves in advance and using options to hedge and amplify buying power. However, Anthropic has a free float of only about 6%; shares available for sale by employees on the first day and privately placed shares with no lock-up period may create supply pressure. On the other hand, index arbitrageurs are facing a rare opportunity.
Crypto prices
More
