BEAMSTART Logo

TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What’s Happening?

CoinGape LogoCoinGape11h ago

TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What’s Happening? - CoinGape

Quick Summary:

A TRUMP coin whale has nabbed noteworthy attention among crypto market participants globally by bagging $1.6 million worth of tokens amid broader sector turmoil.

On-chain data on Saturday revealed that the whale, previously recorded to have made considerable losses with the same token, has again entered the market amid the ongoing TRUMP price dip.

Mainly, this waning action is attributed to the broader crypto market trend as BTC and altcoins struggle to pump due to macroeconomic developments.


More Pictures

TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What’s Happening? - CoinGape (Picture 1)TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What’s Happening? - CoinGape (Picture 2)TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What’s Happening? - CoinGape (Picture 3)

or

Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 10:50:36 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 25979760

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 15 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 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 "TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What’s Happening?" has 500 words across 41 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What’s Happening?" 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 15 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25979760
  • URL: https://beamstart.com/news/trump-coin-whale-bets-another-17390120009422

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.