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Crypto Trader Loses $24M With TRUMP as Solana Price Crashes 12%

CoinGape LogoCoinGape11h ago

Crypto Trader Loses $24M With TRUMP as Solana Price Crashes 12% - CoinGape

Quick Summary:

The crypto market is witnessing another major wave of volatility today, with meme coins, altcoins like Solana, and even Bitcoin prices taking a major hit.

Amid these declines and massive liquidation, a crypto trader lost $24M while swapping TRUMP tokens for USDC.

In just a single transaction, the trader went from profits to losses.

More Pictures

Crypto Trader Loses $24M With TRUMP as Solana Price Crashes 12% - CoinGape (Picture 1)Crypto Trader Loses $24M With TRUMP as Solana Price Crashes 12% - CoinGape (Picture 2)Crypto Trader Loses $24M With TRUMP as Solana Price Crashes 12% - CoinGape (Picture 3)

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 07:38:36 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 43 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26426540

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Crypto Trader Loses $24M With TRUMP as Solana Price Crashes 12%" has 471 words across 43 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Crypto Trader Loses $24M With TRUMP as Solana Price Crashes 12%" was covered 11 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 24 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26426540
  • URL: https://beamstart.com/news/crypto-trader-loses-24m-with-17404701177857

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