The MG code, named US President Donald Trump, decreased severely, almost 90 % fell from his high group ever six months ago.
today, Trump It is traded at $ 8.80, a decrease of 6 % in the past seven days. Merchants are competing at the brink of the abyss after the project team grabbed $ 4.4 million in USDC from liquidity baths, and one whale line up on a $ 2.5 million sale order.
The team pulls millions of liquidity
According to the recent participation of x by LookonchainTrump team withdrew a currency of $ 4.4 million from US and transferred 347,438 Trump symbols – worth $ 3.12 million – from the main liquidity group to a new portfolio.
the #trump The Meme team removed 4.4m $ USDC And 347,438 $ Trump(3.12 million dollars) in liquidity 6 hours ago.
Then they blocked 4.4m $ USDC to #ETHEREUM And transfer 347,438 $ Trump($ 3.12 million) for a new portfolio.https://t.co/orsle6vjiahttps://t.co/synae1nio pic.twitter.com/oktk1u0ow9
– Lookonchain (@swearonchain) June 26, 2025
The move came without any clear reason or reason. Now, many investors are concerned that the team may prepare to empty coins, adding the sale pressure to a metal currency that is already struggling with the low demand.
The whale puts a huge sale request
Based on reports, a major portfolio known as KewH32 275,672 Trump symbols on the market, or nearly $ 2.5 million at current prices.
this whale It also sold 100,000 symbols earlier in June and still has 369,400 coins. If these symbols reach the stock exchanges, then the added supply can push the price to a decrease.
The price style provides mixed signal
On the daily chart, Trump follows Shed pattern. This setting often leads to outbreak, but only when buyers intervene strongly. Here, trading sizes are still weak.
The RSI is less than 50 years old for more than a month, indicating that sellers are still controlling. At the same time, the wonderful oscillator turned in green – although it is still less than zero – which indicates that the dumping momentum may fade.
Investor confidence stumbles
Many merchants see $ 8 to 9 dollars closely. Failure to retain more than $ 8 can clarify more losses and test deeper support. Now, there is no sign of a strong gathering. Without the interest of the new purchase or positive news, it appears that the declining direction within the courage is continuing.
It will not take much to stimulate short pressure – there may be an explosion of noise on social media or a large purchase of another whale. But confidence in the distinguished symbol team is shaken after withdrawing the last liquidity. Until the activity on the series appears real demand, most players in the market expect intermittent trading and lower prices.
Distinctive image from Unsplash, tradingvief chart
