Whale That Profited $96.87 Million From TRUMP Token Nets an Additional $2.15 Million From LIBRA

The entity exploited market shifts and timed purchases, showing a firm grasp of profitable trades in the unpredictable crypto market.

A crypto whale that had previously locked in over $96.87 million via $TRUMP earned an additional $2.15 million from $LIBRA.

The entity exploited market shifts and timed purchases, showing a firm grasp of profitable trades in the unpredictable crypto market.

Whale’s Strategy and $LIBRA Profits

The President of Argentina, Javier Milei, retweeted a post regarding the complexity of purchasing $LIBRA. The tweet suggested that those struggling with the process were not ordinary investors but rather speculators.

Yet, $LIBRA, $LIBRA, $LIBRA price surged following the tweet. The trader known as goofyahh.sol capitalized on the sudden increase, buying 10.4 million $LIBRA for 5 million USDC immediately after Milei’s retweet. Within an hour, they sold their holdings for 5.5 million USDC, securing a profit of $500,000.

Additionally, goofyahh.sol had previously netted $1.65 million by buying $LIBRA shortly after its launch. These trades brought their total earnings from $LIBRA to $2.15 million, showing precise timing and a measured approach to short-term price moves.

此前通过 $TRUMP 获利超过 $9687 万的鲸鱼/实体，又通过 $LIBRA 赚到 $215 万。阿根廷总统 @JMilei 11 小时前转发了一篇如何购买 $LIBRA 流程的推文 (原推的意思是这一套流程对普通圈外人来说很复杂，潜台词就是割的都是想通过 $LIBRA 投机的而非普通人)。不过 $LIBRA ... pic.twitter.com/MYJcZ7nlsn

Connection to the $TRUMP Whale & Price Movements

The whale behind goofyahh.sol had also made significant gains on $TRUMP. After the deployment of the token, the address 6QS…tXv utilized 1.096 million USDC to acquire 5.971 million $TRUMP at just $0.18 per token.

The tokens were split across 11 wallets, including goofyahh.sol, before being sold in parts. This resulted in an impressive $96.87 million profit, delivering an 88x return on investment. Their ability to navigate market swings and capture price moves remains key to their success.

Related: Trader Who Profited $13M from TRUMP, MELANIA, and HARRYBOLZ Secures $4.56M Profit Trading LIBRA

Market Performance and Price Trends of $TRUMP

Despite the previous gains, $TRUMP has been experiencing a downward trend. The token has declined by 5.43% in the past 24 hours, with its price settling at $16.46.

The market capitalization fell by 5.44% to $3.29 billion, while trading volume dropped by 31.33% to $1.34 billion. The chart displayed initial strength with the price rising above $17.40 before meeting selling pressure that pushed the price lower.

Key Support and Resistance Levels

The token is currently stabilizing between $16.20 and $16.40. A fall below $16.20 could trigger further declines toward the $15.80-$16.00 range, with a stronger support level at $15.50 likely acting as a floor if bearish pressure continues. On the upside, resistance appears at $17.00-$17.40, and a move past $18.00 might signal a reversal.

Technical Indicators and Future Predictions

The Relative Strength Index (RSI) currently stands at 42.81, suggesting $TRUMP is not oversold but nears lower levels, pointing to moderate selling pressure rather than extreme bearishness.

Meanwhile, the MACD indicator reflects a negative value of -4.417, signaling ongoing bearish momentum. Unless significant buying activity emerges, the price may continue its current trend.

Related: Ripple and Galaxy Loaned MoonPay $160M On the Weekend TRUMP Launched

For February 2025, Coincodex market projects a surge with $TRUMP possibly climbing up to 97.62% to an average of $32.65. The projected range spans from $17.29 to $58.94, offering a potential return of 256.77% from current levels.

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