TRUMP token price drops 33%, with whale holdings concentrated

Chaincatcher2026/04/13 06:43

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

ChainCatcher news, according to a Cointelegraph report, the TRUMP token price surged by 50% after announcing a luncheon at Mar-a-Lago in March, but as of this Monday it has dropped more than 33%, with the current trading price at $2.8.

Blockchain analytics firm Lookonchain data shows some crypto whales recently withdrew large amounts of TRUMP tokens from a certain exchange, with a single address holding over 1 million tokens, worth about $3.2 million. The luncheon will be held on April 25, and the top 297 TRUMP holders are invited to attend, with the top 29 able to join a private reception. CoinCarp data reveals more than 91% of the token supply is concentrated in the top 10 wallets. Analysts point out that the market's liquidity is limited and the concentrated holdings intensify price volatility, which may be influenced by upcoming midterm elections and related events in the future.

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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.

华尔街见闻•2026/11/13 07:48