Whale Extracts $5.66M in $TRUMP Tokens from Major Exchanges
In a bold move that underlines growing bullish sentiment, a single whale has withdrawn 413,530 $TRUMP tokens—worth $5.66 million—from Binance and Bybit over the past 48 hours.
H2 Significant Exchange Withdrawals
The whale first siphoned 229,694 tokens (≈$3.38M) before completing its withdrawals, according to Onchain Lens. By pulling these assets off centralized platforms, the investor cuts available liquidity, a tactic often used to signal long-term holding or private over-the-counter sales.
H3 Floating Profit Already at $427K
With the average cost basis well below current market levels, the whale’s position now boasts a floating profit of $427,000. Wallet address Bw…WMy has been under scrutiny for its aggressive accumulation strategy during this period of relative price stability.
When large holders remove tokens from exchanges, selling pressure diminishes, potentially paving the way for price gains if demand persists. Traders and analysts will be watching to see if other investors follow suit, amplifying a hidden accumulation trend at lower price tiers.
The whale’s maneuvers could mark the start of a broader buying wave—one that might drive $TRUMP toward new highs as retail and institutional participants react to the shift in on-exchange supply.
Rhapsody of Realities is a life guide that brings you a fresh perspective from God’s Word every day. It features the day’s topic, a theme scripture, the day’s message, the daily confession and the Bible reading plan segment. It is God's Love Letter to You!
