- A crypto whale lost $15.7M trading the TRUMP memecoin, with only their first trade turning a profit.
- Another whale made $11.8M early on but lost over $24M shortly after, showing how fast fortunes flipped.
- TRUMP token has crashed 86% from its January high of $73.43, now trading near $10.38.
Data from Lookonchain dropped Friday, and it shows one big crypto player just got absolutely torched trying to ride the TRUMP memecoin wave. The trader dumped 743,940 TRUMP tokens for a total of $7.92 million—which sounds like a win until you find out they bought in way higher and walked away with a $3.3 million loss.
And that’s just one of the losses.
According to analysts, the whale “only profited on their first TRUMP trade.” After that? It was all downhill—three trades, three Ls. In total? A whopping $15.7 million gone. Just… vanished.
Turns Out, This Whale Wasn’t Alone
Another whale, not to be outdone in bad decisions, started off strong—pulled in $11.82M on their first trade. But then? Lost $24.35M on the second round, followed by a smaller but still ouch-worthy $201K loss on the third.
That’s the thing with memecoins—they don’t care how rich or smart you are. They’ll eat your portfolio and then meme about it on Twitter/X.
TRUMP Token? Still Falling
The TRUMP memecoin, which surged earlier after a shoutout from the man himself on Truth Social, once hit an eye-popping high of $73.43 on January 19. Fast forward to now. It’s trading around $10.38. That’s an 86% drop. Basically cliff-dived.
The hype’s fizzled, the whales are bleeding, and once again the market has reminded everyone that memecoins giveth… and memecoins absolutely taketh away.
