{"id":3622,"date":"2025-01-22T07:44:02","date_gmt":"2025-01-22T09:44:02","guid":{"rendered":"https:\/\/criptonizando.com\/en\/?p=3622"},"modified":"2025-01-22T08:34:22","modified_gmt":"2025-01-22T10:34:22","slug":"crypto-whales-shift-74m-in-trump-tokens-is-a-larger-selloff-looming","status":"publish","type":"post","link":"https:\/\/criptonizando.com\/en\/news\/crypto-whales-shift-74m-in-trump-tokens-is-a-larger-selloff-looming\/","title":{"rendered":"Crypto Whales Shift $74M in TRUMP Tokens \u2013 Is a Larger Selloff Looming?"},"content":{"rendered":"\n<p>In a surprising turn of events following Donald Trump&#8217;s presidential inauguration, Crypto whales have been offloading or transferring large amounts of the token to unknown wallets, sparking concerns about potential selloffs, totaling $74.22 million. The movements come at a critical time when the broader meme coin market experiences significant downward pressure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Whale Activity Signals Crypto Market Uncertainty<\/h2>\n\n\n\n<p>Two major transactions have caught the attention of crypto analysts. Notable wallet &#8220;Ansem&#8221; <a href=\"https:\/\/x.com\/lookonchain\/status\/1881528883079709134\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">sold 194,799 TRUMP tokens<\/a> worth $6.83 million at a loss of $2.55 million, while another unknown wallet transferred over 1.6 million tokens valued at approximately $67.39 million. These movements have sparked concerns about potential further selloffs, despite Coinbase&#8217;s recent experimental listing of the token.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Broader Meme Coin Impact<\/h2>\n\n\n\n<p>The market turbulence facing TRUMP tokens are part of a larger trend affecting meme coins, particularly those on the Solana blockchain. Popular tokens like MELANIA, DOGE, and SHIB have also seen notable declines. DOGE\u2019s price dropped 6.62% in the past day, while SHIB fell by approximately 9%. Even MELANIA, another Solana-based token, has seen significant downward pressure despite TRUMP&#8217;s overall 440% gain since launch.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana Ecosystem Under Pressure<\/h2>\n\n\n\n<p>The downturn extends across the Solana meme coin ecosystem, with popular tokens BONK and WIF declining 1.7% and 5.4% respectively. MELANIA suffered a dramatic 62.7% drop to $4.13, while MEW decreased by 7.1%. Market confidence has been further shaken by recent concerns over a potential pump-and-dump scheme involving Cuba, which allegedly extracted $158 million within 24 hours after reaching a $30 million market cap.<\/p>\n\n\n\n<p>With President Trump\u2019s administration hinting at major executive orders, including those related to cryptocurrency, the market\u2019s reaction in the coming days will be critical. Investors are now closely watching to see if TRUMP can recover or if this marks the start of a prolonged slump for the token and its meme coin counterparts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a surprising turn of events following Donald Trump&#8217;s presidential inauguration, Crypto whales have been offloading or transferring large amounts of the token to unknown wallets, sparking concerns about potential selloffs, totaling $74.22 million. The movements come at a critical time when the broader meme coin market experiences significant downward pressure. Whale Activity Signals Crypto [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":3623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tpgb_global_settings":"","kia_subtitle":"","footnotes":""},"categories":[1],"tags":[35,26,24],"class_list":["post-3622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cryptocurrency","tag-ethereum","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Whales Shift $74M in TRUMP Tokens \u2013 Is a Larger Selloff Looming? - Criptonizando<\/title>\n<meta name=\"description\" content=\"Crypto whales offload $74.22M to unknown wallets post-Trump inauguration, fueling selloff fears amid meme coin market downturn and investor\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/criptonizando.com\/en\/news\/crypto-whales-shift-74m-in-trump-tokens-is-a-larger-selloff-looming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Whales Shift $74M in TRUMP Tokens \u2013 Is a Larger Selloff Looming? 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