Whale loses a lot in $8.58 million sell-off

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Two big holders of Trump tokens sold $765,128 on Saturday morning for $8.58 million, quickly paying $2.34 million in losses.
The hasty sales occurred on May 4, 2025, causing a sharp drop in prices. According to Coingecko’s price record, Trump’s price fell more than 10% in a few hours, falling from $12 to $10.50.
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The sell-off has prompted a surge in trading volumes and has raised alerts from traders who are now risking more unexpected actions in the coming days.
Whale exits despite past gains
The wallets sold behind Trump have previously made profits on Trump, but this time they quickly withdrew and suffered significant losses. Wallet 3KJP9L sold 337,560 tokens for $3.8 million, and ended up losing $1.38 million. The wallet previously reportedly made $196,000 from the same token.
2 whales poured 765,128 $Trump(US$8.58 million) Loss of $2.34 million, 5 hours ago!
3kjp9l $196k $Trump Previously, 337,560 were sold $Trump($3.81 million) Five hours ago, a loss of $1.38 million.
7x6vun earned $732K $Trump Previously, 427,568 were sold $Trump($4.77 million) 5 hours ago, lost $961K!
They not only… pic.twitter.com/j8fq4n2ihb
– lookonchain (@lookonchain) May 4, 2025
The second wallet, 7x6vun, unloaded 427,568 tokens at the same time for $4.77 million, losing $966,000. The wallet previously earned $732,000 in different transaction periods.
The two whales would have tried to reduce exposure after observing weak signals on the market, but their timing proved to be expensive.
Trump’s price struggles with trading volume jump
Trump’s trading volume soared nearly 80% on platforms such as Binance and Kucoin to $15.3 million when the whales sold their tokens. This type of volume surge often indicates a panic or overreaction between buyers and sellers.
As of writing, Trump’s price was $11.18, down 27% over the past seven days. Anyone can guess whether it can recover, or more investors will follow the whale and start selling its assets.

Signature earlier on celebration news
Trump’s tokens have been wasted following the announcement of a recent special event. U.S. President Donald Trump reportedly offered a grand invitation to the most prominent Trump token holders at the Washington Golf Club, causing a buzz and raising prices earlier this week.
Traders load, eager to profit from the increased buzz. However, the latest sell-off raises questions about the stability of this momentum. If big investors exit with high hype, that could mean beliefs are not as common as they seem.
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Trump’s cryptocurrency is reportedly worth $2.9b
A new report from the group’s Democracy Action states says Trump’s cryptocurrency-related assets now account for nearly 40% of his total wealth, which they expect will be about $2.9 billion. These include Trump and Melania meme coins, as well as interest in a commercial entity called World Free Finance, worth 60%.
World Freedom was launched in October 2024 and can be defined as a crypto exchange with connections to the Trump family. The company recently announced it would receive a $2 billion investment from Abu Dhabi-backed company MGX to buy a Stablecoin product called USD1. The fund will be reportedly used to invest in binary.
Featured images by Gemini Imagen, charts by TradingView