TRUMP Whale Sold All His Tokens: Made 181x Profit on Another Memecoin – Watch Out, Insider Trading Possibility

Cryptocurrency onchain data has revealed that a crypto whale has made a huge profit by sheer luck or as an insider trader.

A cryptocurrency wallet previously known as a major TRUMP memecoin whale has made a profit of $1.4 million on a memecoin called MOONPIG, which it purchased for $7,619.

This whale was created on April 5 and spent $1 million to purchase TRUMP tokens.

This crypto whale could be someone with insider knowledge of the memecoin MOONPIG, which calls for extra caution with this token.

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Then, on May 2, he sold 600 TRUMP tokens, or approximately $7,619, and bought 16.44 million MOONPIG with the money he earned. The value of these tokens was equivalent to $1.4 million at its peak.

On the other hand, onchain data has provided another interesting piece of information about this crypto whale. The whale wallet, known as a TRUMP whale, sold all of its TRUMP tokens hours ago and made a profit of only $43,500.

*This is not investment advice.

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