{"id":4012,"date":"2025-04-17T11:11:00","date_gmt":"2025-04-17T10:11:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4012"},"modified":"2025-04-17T10:43:11","modified_gmt":"2025-04-17T09:43:11","slug":"mysterious-wallet-buys-5m-trump-tokens-downtrend-over","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/mysterious-wallet-buys-5m-trump-tokens-downtrend-over\/","title":{"rendered":"Mysterious Wallet Buys $5M in TRUMP Tokens ! Is the Downtrend Finally Over ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-secret-wallet-revives-the-trump-token\"><strong>A Secret Wallet Revives the TRUMP Token<\/strong><\/h2>\n\n\n\n<p>Recently, the blockchain transaction tracker Lookonchain revealed that two crypto wallets, likely owned by the same whale, spent <strong>5 million USDC<\/strong> to purchase <strong>660,339 TRUMP tokens<\/strong> at an average price of <strong>$7.93<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">2 newly created wallets(likely the same whale) spent $5M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> to buy 630,339 <a href=\"https:\/\/twitter.com\/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TRUMP<\/a> at $7.93 8 hours ago.<a href=\"https:\/\/t.co\/kb1K4dIjIi\">https:\/\/t.co\/kb1K4dIjIi<\/a><a href=\"https:\/\/t.co\/2JPQLUsTXK\">https:\/\/t.co\/2JPQLUsTXK<\/a> <a href=\"https:\/\/t.co\/NDMZ6TQJog\">pic.twitter.com\/NDMZ6TQJog<\/a><\/p>&mdash; Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1912318683625713793?ref_src=twsrc%5Etfw\">April 16, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This significant acquisition occurred as the <a href=\"https:\/\/investx.fr\/en\/crypto-news\/crypto-whales-dump-trump-token-should-you-follow\/\">price of TRUMP<\/a> was hovering around its <strong>critical support level of $7.60<\/strong>. Naturally, this substantial purchase drew attention. Following this transaction, TRUMP saw a <strong>2% increase<\/strong>, trading around $8.05 at the time of writing. This rise comes at a time when major assets like <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a>, <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/buy\/ethereum\/\">Ethereum<\/a>, and <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/buy\/solana\/\">Solana<\/a> struggle to gain momentum.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"traders-betting-on-a-comeback\"><strong>Traders Betting on a Comeback<\/strong><\/h2>\n\n\n\n<p>This transaction not only created buying pressure and a <strong>bullish momentum on the price of TRUMP<\/strong> but also shifted the sentiment of <a href=\"https:\/\/investx.fr\/en\/trading\/crypto\/\">traders<\/a>, as reported by the on-chain analytics firm CoinGlass.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"268\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160647-1024x268-1.png\" alt=\"analysis of trump crypto token price\" class=\"wp-image-4035\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160647-1024x268-1.png 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160647-1024x268-1-300x79.png 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160647-1024x268-1-768x201.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center\">Source: Coinglass<\/p>\n\n\n\n<p>According to CoinGlass, the <strong>TRUMP Long\/Short ratio<\/strong> increased from 0.98 to 1.11 &#8211; the highest since March 2025. At the time of writing, 52.69% of the top traders held long positions, while 47.31% remained short. Clearly, the bulls were taking charge.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"367\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160801-1024x367-1.jpg\" alt=\"trump liquidation map\" class=\"wp-image-4037\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160801-1024x367-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160801-1024x367-1-300x108.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/image-2025-04-16-t160801-1024x367-1-768x275.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center\">Source: Coinglass<\/p>\n\n\n\n<p>However, traders seemed heavily leveraged at key levels. Long positions worth <strong>$9.73 million<\/strong> had built up around <strong>$7.56<\/strong>, marking a <strong>fragile support zone<\/strong>. Meanwhile, $6.24 million of shorts sat at $8.24, forming an immediate resistance. These positions suggested that a sharp move, up or down, could trigger a <strong>cascade of liquidations<\/strong>.<\/p>\n\n\n\n<p>Thus, the number of bullish traders was <strong>significantly higher<\/strong> than those bearish. This also indicates that bulls currently dominate the asset and could soon <strong>trigger a <a href=\"https:\/\/investx.fr\/en\/learn\/crypto-bullrun\/\">bullish<\/a> move<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"chart-analysis-rebound-or-relapse-scenario\"><strong>Chart Analysis : Rebound or Relapse Scenario ?<\/strong><\/h2>\n\n\n\n<p>From a technical perspective, TRUMP has been moving in a <strong>downtrend channel<\/strong> since January 2025. However, it recently bounced from the lower limit and is now heading <strong>towards the upper limit<\/strong>.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"447\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/trumpusdt-2025-04-16-16-05-25-1024x447-1.png\" alt=\"technical analysis of trump token\" class=\"wp-image-4039\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/trumpusdt-2025-04-16-16-05-25-1024x447-1.png 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/trumpusdt-2025-04-16-16-05-25-1024x447-1-300x131.png 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/trumpusdt-2025-04-16-16-05-25-1024x447-1-768x335.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center\">Source: TradingView<\/p>\n\n\n\n<p>According to AMBCrypto&#8217;s analysis, if TRUMP breaks <strong>$8.50 with a daily close<\/strong>, it could <strong>surge by 18%<\/strong> to reach $10.10. However, failure to surpass this level could trigger a rejection and a quick reversal. Currently, all eyes are <strong>fixed on $8.50<\/strong>. It&#8217;s a decisive area that could determine whether TRUMP skyrockets or falters once more.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.weex.com\/newbieActivities?id=520&amp;type=BEGINNER_TASK&amp;vipCode=ku3x\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Weex : Buy TRUMP and get $10 after your KYC<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/ethereum-eth-drop-below-1500-again\/\">Will Ethereum (ETH) Drop Below $1,500 Again ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/raydium-unveils-pumpfun-ray-price-explodes-21\/\">Raydium Unveils Its Own PumpFun : RAY Price Explodes 21% !<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/panama-city-embraces-cryptocurrencies-form-payment\/\">Panama City Adopts Crypto Payments : A Major Leap for Bitcoin and Altcoins !<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The TRUMP token appeared to be in a downward spiral until an unknown wallet injected $5 million, sparking intrigue among investors. Will this move sustain or is it just a speculative bounce?<\/p>\n","protected":false},"author":38,"featured_media":4009,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-4012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>$TRUMP Surges After $5M Whale Buy : Is This the Turning Point ?<\/title>\n<meta name=\"description\" content=\"Discover a mysterious wallet buying $5M worth of TRUMP tokens: Is it a speculation or the start of a bullish trend? 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