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Whale sell at a loss TRUMP, spent 1.59 million USD to buy LAUNCHCOIN
On May 14, followed by Lookonchain, a "whale" sold 341,783 TRUMP worth 4.39 million USD, incurring a loss of 446 thousand USD. This move is quite unusual in the crypto market, as whales often tend to wait for prices to rise to profit. Shortly after, this whale spent 1.59 million USD to buy 8,908 SOL to own 9.37 million LAUNCHCOIN. This action indicates a shift in investment strategy, possibly to optimize the portfolio in the context of a volatile market.
The information is intended to provide market data, not investment advice. The strong volatility in large transactions continues to demonstrate the instability of cryptocurrencies and the need for caution.
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