On January 19th, COINOTAG News reported a significant transaction within the cryptocurrency market, highlighting a **whale** that executed a sizable transfer of **200,000 TRUMP** tokens to its **Binance TRUMP spot wallet**. This transfer, valued at approximately **9.25 million US dollars**, suggests a strategic move ahead of market opening, indicating potential selling at peak prices. The **whale** had initially acquired these **TRUMP tokens** at an average price of **30.94 US dollars**, amounting to an investment of **4.02 million US dollars**. Given Binance’s opening price of **55 US dollars**, early calculations show a substantial profit of about **4.82 million US dollars**. This transaction underscores the active trading strategies employed by large investors in the crypto space, as they seek to capitalize on market volatility and favorable price fluctuations.
Source: https://en.coinotag.com/breakingnews/whale-moves-200000-trump-to-binance-securing-4-82-million-profit-at-market-opening/