Crypto whale loses over $15m on TRUMP trades as bad bets stack up

Mar 28 2025 crypto


Data from analysts shows even big crypto whales have their off days, with one losing over $15.5 million on a bad run with the TRUMP memecoin. Crypto whales trading the TRUMP ( TRUMP ) memecoin have been hit hard lately, with some losing millions despite earlier gains, according to data from Lookonchain. In an X post on Friday, March 28, the analysts revealed that one whale sold over 743,940 TRUMP tokens, valued at $7.92 million, for $10.66 each, taking a $3.3 million loss. This whale sold 743,947 $TRUMP ($7.92M) at $10.66 five hours ago—taking another $3.3M loss on $TRUMP ! He only profited on his first $TRUMP trade. The next three were all losses, bringing his total loss to $15.7M. https://t.co/gFBYweyzpO pic.twitter.com/RS8Cpj3MOq — Lookonchain (@lookonchain) March 28, 2025 You might also like: Trump-linked entities made $100m on Official Trump fees: report Per Lookonchain, the whale “only profited on his first TRUMP trade,” adding that “the next three were all losses” bringing the whale’s total loss to $15.7 million. It wasn’t just one whale as data shows plenty of others took a hit too as the TRUMP memecoin hype seems to have died down. This whale made $11.82M on his first $TRUMP trade, lost $24.35M on the second, and took another $201K loss on the third! Now, he's back—spending $11.28M to buy 777,684 $TRUMP at $14.50. Will he turn a profit this time? https://t.co/udjuLMtcUH pic.twitter.com/s8TGHdDH95 — Lookonchain (@lookonchain) March 3, 2025 In early March, another whale’s ride with the Donald Trump -backed memecoin hit some rough patches too. After making $11.82 million on their first TRUMP trade, the whale lost $24.35 million on their second one, followed by another $201,000 loss on the third. The TRUMP memecoin, which recently pumped in price after Trump mentioned it on Truth Social, hit a high of $73.43 on Jan. 19. However, like many memecoins, its value has since crashed, and as of press time, TRUMP is trading at around $10.38, down 86% from its all-time high. Read more: What is the Official Trump token? Trump’s crypto explained

ad1


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.