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Trump-Related Meme Coin Whale Spends Approximately $6.97 Million to Purchase 2.2 Million TRUMP Tokens
Mars Finance reports that, according to Yuren monitoring, an address that previously lost approximately $14.61 million on Trump-related Meme Coin $MELANIA bought 2.2 million $TRUMP tokens. At a transaction price of about $3.17, the investment was approximately $6.97 million, suspected to be for obtaining a ticket to Trump’s Mar-a-Lago dinner. On-chain records show that last year, this address spent 28.93 million USDC to buy 13.975 million $MELANIA tokens, at an average price of about $2.07, and sold all holdings at around $1.02 at the end of that month, incurring a loss of about 50%.