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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
Get Token Mystery Boxes based on your Alpha Points - No points will be deducted.
📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
Multi-chain trading now supported — buy on-chain assets directly with USDT!
🔗 Full details: https://www.gate.com/announcements/article/45683
A whale sold a second purchase of TRUMP, 3 hours ago, and lost $900,000 in principal
According to Jinse Finance, on-chain analyst Yu Jin monitored that a Whale who sold TRUMP before Trump's dinner plan missed out on a profit of 3.8 million USD. The Whale sold the TRUMP that he bought for the second time just 3 hours ago, losing not only the profit from the first sale but also 900,000 USD of the principal. His investment journey on TRUMP: On the morning of April 23, he sold 630,000 TRUMP at a price of $8.7, converting it into 5.483 million USDC, making a profit of $483,000. As a result, the evening dinner plan for Trump was announced, and the price of TRUMP skyrocketed to $16, causing him to miss out on a profit of $3.8 million. In the following days, the price of TRUMP remained high due to favorable dinner plans, possibly driven by FOMO, as he re-entered TRUMP at a price of $15.39 on 4/27. Early this morning, the price of TRUMP dropped by 13%. He sold his second purchase of TRUMP at a price of $11.29 just 3 hours ago. Not only did he lose the $483,000 profit from the first sale, but he also lost $900,000 of his principal.