Heavy TRUMP Accumulation Can Lead to Strong Price Rally Ahead
The post Heavy TRUMP Accumulation Can Lead to Strong Price Rally Ahead appeared on BitcoinEthereumNews.com. Key Notes The recent TRUMP whale activity comes following a 23% weekly decline, and could potentially help in trend reversal. Approximately 80% of the token supply is controlled by the Trump Organization and affiliates, raising doubts. Donald Trump dismissed claims of personal profit while emphasizing the importance of cryptocurrency for U.S.innovation. . After a 23% drop on the weekly chart, the OFFICIAL TRUMP token is seeing strong whale accumulation with more than 1 million TRUMP coins withdrawn from crypto exchange Binance over the past few hours. Although the TRUMP price is down 5.31% at press time, a reversal to the north can happen anytime soon, considering strong whale interest. Whale Alert: TRUMP Coins in Strong Accumulation In a notable development, there’s been a significant accumulation of TRUMP coins by whales in the past few hours. According to on-chain data from SolScan, a new wallet was created just 30 minutes ago, followed by a withdrawal of 1 million $TRUMP tokens, valued at $10.84 million, from Binance. Massive $TRUMP (@GetTrumpMemes) accumulation detected! 30 minutes ago, someone created a new wallet and withdrew 1M $TRUMP ($10.84M) from #Binance. Follow @spotonchain and monitor this wallet at https://t.co/pWU7kJevbE pic.twitter.com/mdMJEpUV7R — Spot On Chain (@spotonchain) May 6, 2025 This large-scale transaction has sparked speculation about potential market moves or strategic accumulation by high-net-worth investors. The activity underscores rising interest in TRUMP amid a dynamic crypto landscape. However, US President Donald Trump has received huge criticism over his family ties to digital assets. In a Truth Social post on Monday, May 5, former President Donald Trump announced plans to host a gala dinner in Washington later this month for key supporters of the Official TRUMP memecoin. The event, organized by the Trump family-owned platform, aims to celebrate major backers of the cryptocurrency. Massachusetts Senator Elizabeth Warren has…
The post Heavy TRUMP Accumulation Can Lead to Strong Price Rally Ahead appeared on BitcoinEthereumNews.com.
Key Notes The recent TRUMP whale activity comes following a 23% weekly decline, and could potentially help in trend reversal. Approximately 80% of the token supply is controlled by the Trump Organization and affiliates, raising doubts. Donald Trump dismissed claims of personal profit while emphasizing the importance of cryptocurrency for U.S.innovation. . After a 23% drop on the weekly chart, the OFFICIAL TRUMP token is seeing strong whale accumulation with more than 1 million TRUMP coins withdrawn from crypto exchange Binance over the past few hours. Although the TRUMP price is down 5.31% at press time, a reversal to the north can happen anytime soon, considering strong whale interest. Whale Alert: TRUMP Coins in Strong Accumulation In a notable development, there’s been a significant accumulation of TRUMP coins by whales in the past few hours. According to on-chain data from SolScan, a new wallet was created just 30 minutes ago, followed by a withdrawal of 1 million $TRUMP tokens, valued at $10.84 million, from Binance. Massive $TRUMP (@GetTrumpMemes) accumulation detected! 30 minutes ago, someone created a new wallet and withdrew 1M $TRUMP ($10.84M) from #Binance. Follow @spotonchain and monitor this wallet at https://t.co/pWU7kJevbE pic.twitter.com/mdMJEpUV7R — Spot On Chain (@spotonchain) May 6, 2025 This large-scale transaction has sparked speculation about potential market moves or strategic accumulation by high-net-worth investors. The activity underscores rising interest in TRUMP amid a dynamic crypto landscape. However, US President Donald Trump has received huge criticism over his family ties to digital assets. In a Truth Social post on Monday, May 5, former President Donald Trump announced plans to host a gala dinner in Washington later this month for key supporters of the Official TRUMP memecoin. The event, organized by the Trump family-owned platform, aims to celebrate major backers of the cryptocurrency. Massachusetts Senator Elizabeth Warren has…
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