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A whale lost $900,000 by buying TRUMP at a high price and missed out on a total potential profit of $3.8 million after two trades.
[Whale Misses $3.8M Profit by Selling $TRUMP Before Trump's Dinner Plan Announcement] Three hours ago, this whale sold the $TRUMP tokens he had bought for the second time. Not only did he lose the profit from his first trade, but he also lost $900K in principal...
His investment journey with $TRUMP:
1⃣ On 4/23 early morning, he sold 630K $TRUMP tokens at $8.7 each, converting them into 5.483M USDC, earning a profit of $483K. However, later that evening, Trump's dinner plan was announced, and $TRUMP's price skyrocketed to $16, causing him to miss out on a $3.8M profit.
2⃣ In the following days, $TRUMP's price remained high due to the positive sentiment from the dinner plan. Possibly driven by FOMO, he re-entered $TRUMP on 4/27 at $15.39 per token.
3⃣ Early this morning, $TRUMP's price dropped by 13%. Three hours ago, he panic-sold his second batch of $TRUMP at $11.29 per token. This not only wiped out his initial $483K profit but also resulted in a $900K loss in principal.
He originally had the chance to make a $4.28M profit, but instead ended up losing $900K.
Wonder how big his psychological shadow is 😂
Address link 🔗👉:
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