Large investors, known as 'whales', are selling $TRUMP and $MELANIA tokens at significant losses, complicating the market situation.
Whales and Their Losses
Investor 'DNTpo' sold 13.98 million $MELANIA tokens for 14.32 million $USDC, incurring a $14.9 million loss. In a similar manner, 'EwkH5' exchanged 763,583 $TRUMP tokens for 9.47 million $USDC, resulting in a $25.5 million loss.
Transactions Raising Questions
These token sales reflect a complex market situation. Market participants debate whether this is a loss reduction strategy or a panic reaction to declining trust in cryptocurrencies.
Market Awaiting Stabilization
Regardless of the whales' intentions, their actions significantly affect market trends. Investors are waiting to see how the situation will unfold to understand future scenarios for $TRUMP and $MELANIA tokens.
The current whale sales challenge the entire market and act as an indicator for future changes. Questions about the long-term viability of these tokens remain open.
