Although he is seen as a pro -Radio candidate in the 2024 elections, Donald Trump’s second presidency had a fair share of differences regarding the cryptocurrency market.
Perhaps the most important of these is Trump’s official launch (Trump), the president’s M. currency. Trump was released on January 17, just days before the opening, and soon rose, and reached a high price (ATH) of $ 44.28 per code on January 21, in addition to a market formation of about $ 14.7 billion.
The frenzy was short -term. By the end of January, the official Trump was changing his hands at a price of $ 24.05, and he was on a fixed decline since then. At the time of the press on March 28, the MIM currency was traded at $ 10.18.
Once again in early February, Finbold reported the huge losses on which the coded currency whale accumulated that decided to bet on Trump. His initial investment increased by $ 12 million to $ 23.8 million, leaving him a $ 11.8 million profit.
Unfortunately for him, he doubled, spent $ 33.9 million to open a new position, and then closed it as soon as it decreased to 12.85 million dollars. This $ 21 million loss raised its total losses to 10 million dollars.
The same trading opened a new site on March 3, after bought 777,684 Trump, According to Lookonchain.
On March 28, he liquidated this situation, and once again accumulated millions of dollars of losses.
Trump’s official losses are now about 13.35 million dollars
The last trade value, which occurred at $ 14.50 per code, amounted to $ 11.27 million at the time of acquisition.
Data that has been recovered by Finbold from Solskan It indicates that most of Trump’s official holdings were sold through a series of transactions about 10 hours before the time of publication.
In total, the trader managed to cancel the download of 743,947 Trump at a total price of $ 7.92 million. With the conclusion of the sales process, the whale in question lost another $ 3.35 million in the MI-, thus its total losses of $ 13.35 million since mid-January.
Distinctive image via Shutterstock
