Whale Trader Misses $180,000,000 Profit After Selling TRUMP Coin Too Early: Lookonchain

Whale Trader Misses $180,000,000 Profit After Selling TRUMP Coin Too Early: Lookonchain

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Blockchain tracking firm Lookonchain says a whale trader walked away with a $180 million profit by selling a new memecoin too early.

According to the Lookonchain trading site, “LeBron.” Sold More than 4.5 million official Trump (Trump) at an average price of just $1 per coin before the digital asset soared into double digits, resulting in a massive nine-figure profit loss.

“LeBron sold 4.52 million Trumps ($185 million) for $4.52 million at an average price of $1, cashed out too early and lost a $180 million profit. [at time of reporting].

[On Tuesday]He spent $2.5 million to buy Trump back, but quickly sold for $2.43 million, taking a loss of $67,000.

LeConchine too Notifications Other crypto whale traders lost big windfall gains by selling Trump early as well.

“Did I sell Trump too early?…

GoM5… eotR spent $500,000 to buy 2.65 million Trumps (currently $160 million) and sold them for $1.35 million, losing a profit of $158.7 million.

5AS9…48Sm spent $1 million to buy 2.64 million Trumps (currently $159.7 million) and sold them for $2.36 million, losing a profit of $157 million.

8RC6…wRXB spent 1,700 soles ($372,000) to buy 1.79 million trumps (currently $108 million) and sold them for 3,544 soles ($776,000), losing a profit of $107 million.

And finally, LeConchain Notes This comes four days after the launch of the TRUMP memecoin on Solana (Sol), Circle, the issuer of the USDC stablecoin, has minted $2.5 billion on Solana, indicating that the digital asset has created a flurry of trading activity.

Trump is trading for $38.74 at the time of writing, down 19.6% over the past 24 hours.

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