COINOTAG News, February 3rd. On-chain analyst Yu Jin reported that a prominent whale has made a significant return to the TRUMP market following a recent liquidation of their holdings. The investor has executed transactions totaling 54,950 SOL, equivalent to approximately $11.51 million, to acquire 517,259 TRUMP at a re-entry price of $22.25. This price point represents an increase from the liquidation price of $19.76 that occurred just yesterday morning. Such maneuvers indicate renewed confidence in the TRUMP asset and highlight the volatility prevalent within the crypto space. As whales like this drive market movements, traders should remain vigilant about the influence of large volume transactions on future pricing and market sentiment.
Source: https://en.coinotag.com/breakingnews/whale-re-enters-trump-market-buys-517259-trump-with-11-51-million-in-sol/