news 
TRUMP whales are offloading their holdings – Should you follow suit?
The cryptocurrency market has seen a significant increase in whale activity recently, particularly with the sale of TRUMP tokens. Two large holders have been withdrawing and selling their TRUMP holdings, raising questions about whether retail investors should take note and follow suit.
Firstly, let’s examine why these whales are offloading their TRUMP tokens. Whales typically invest in a cryptocurrency based on market trends and potential returns. However, it seems that they have lost confidence in TRUMP due to the recent dip in its value.
Since then, we’ve seen an intense selloff as TRUMP has lost 19.84% of its value over the past day. This drastic decline was primarily fueled by increased selling activity from large entities like whales. They are essentially cashing out and moving their funds elsewhere, likely to safer assets or potentially more promising tokens.
The market impact is undeniable, with a three-month low reached in TRUMP’s price chart. As a result, the coin has fallen to $7.3 per token. This decline is further exacerbated by the lack of conviction from retail investors who have been hesitant to buy or sell their TRUMP holdings amid the dip.
Source: https://ambcrypto.com/trump-whales-are-offloading-their-holdings-should-you-follow-suit/
