- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
5 TRUMP whales deposit 126K tokens into Bybit: Will price fall below $10?
By: ambcrypto|2025/05/03 09:15:01
0
Share
TRUMP has declined by 5.08% over the past day. Five whales on Donald Trump’s dinner list have deposited their tokens into Bybit. When President Trump announced a dinner for top holders of Official Trump [TRUMP] , whales rushed to accumulate in droves. The surge in accumulation from whales pushed the memecoin to $16.43. Since then, market conditions and sentiment have all shifted. Inasmuch so, the memecoin has traded within a descending pattern for six consecutive days. The decline arises as whales have started exiting the market after an accumulation spree. As such, it seems Trump whales are attempting to bail out, signaling growing caution from the recent buyers. According to the report by On-chain tracker @ai_9684xtpa , the top five whales on the Trump dinner list deposited all 126,000 Trump tokens into Bybit worth $1.64 million. These whales aim to sell at $9.71 with a deposit price of $13.02. If these holders decide to sell, they will make a profit of $420k at press time price. Source: Arkham Explorer Usually, a move by whales into exchanges is a bearish signal. If all of these tokens are sold, it will cause significant selling pressure, driving prices down if other buyers fail to absorb. Therefore, if this selling activity continues, the memecoin could decline even further. Is the memecoin set for another dip? According to AMBCrypto’s analysis, Trump is experiencing downward pressure as sellers reenter the market. Looking at the memecoin’s order delta, we can see that sellers are dominating as this metric turned negative. A negative delta means that more sell orders are being executed in the market than those buying, reflecting strong bearishness. Source: MobChart This bearish sentiment was validated over the past day after the memecoin made a bearish crossover on its RSI. The bearish crossover on daily charts signals growing influence by sellers in the market. This crossover validates the previous crossover by Stoch. This shift in market sentiment while whales are selling positions the memecoin for further losses on its price charts. Source: Tradingview Therefore, if whales who bought Trump to get into the dinner list turn to massive selling, the memecoin will decline as selling pressure mounts. Further downward pressure will see the memecoin find the next support around $11.4. A breach of this critical support will push Trump below $10 towards $9.2. To invalidate this bearish outlook, Trump whales have to turn to accumulating once again. Share Share Tweet
You may also like
「One and Done SEA」, so OpenSea chooses to wait a little longer
It's already Q1 2026, and we're still waiting for OpenSea to launch its token.
Ray Dalio: The Resolution of the US-Iran Conflict Is In the Strait of Hormuz
In war, the ability to endure pain is often more important than the ability to inflict pain.
In just 70 days, Polymarket easily raked in tens of millions in fees
The money printer is running, and the future ceiling only depends on two main variables.
Matrixdock is launching the Silver Token XAGm, built on the FRS standard as an on-chain silver-backed asset.
In the future, Matrixdock will continue to expand to include more high-quality real-world assets, driving the development of a more transparent and robust on-chain reserve asset system.
a16z: The Hardest Enterprise Software, and the Greatest Opportunity in AI
The world will continue to run on SAP, but AI will reshape it
Polymarket Market-Making Bible: Pricing Spread Formula
This article presents a comprehensive market-making pricing framework that will elevate you from "guesstimate pricing spread" to "formula-based pricing spread."
Ray Dalio: If the United States loses Hormuz, it will lose more than just a war
In war, who can endure pain better is often more important than who can inflict pain better.
How to Earn Up to 40% Rebates on Crypto Futures Trading (WEEX Trade to Earn IV Guide)
WEEX Trade to Earn IV lets traders earn up to 40% fee rebates in real time through a tiered miner system tied to trading activity. With additional boosts from referrals, it offers a more reliable alternative to airdrops as the crypto market gains momentum.
NVIDIA Plays Trillion-Dollar Chess Game | Rewire News Morning Edition
DGX Station, a desktop workstation capable of running trillion-parameter models
Real-time Update | NVIDIA GTC 2026 Conference Highlights Galore
The most anticipated annual event in the AI field, NVIDIA's GTC 2026 Conference, kicked off today in San Jose, California, USA.
People Behind Pokémon Go: Started with CIA's Money, Now Mapping the World for the Military AI
The security of data depends on whose hands it ends up in.
Huang Renxun GTC Speech Full Text: By 2027, Market Demand Will Exceed $1 Trillion; Everyone Should Develop an OpenClaw Strategy
The underlying business logic driving future growth will be the "Tokenomics of a Platform Factory."
Stratechery Debunks the AI Bubble Myth: What Should We Do with AI?
LLM Third Normal Form Jump drives the Agent from Tool to Execution System, current AI investment is closer to demand-driven rather than hype
Three Charts to Watch at NVIDIA's GTC: Cheaper Compute, Spend More
Mining Cost Down 94%, Capex Up 170%
BTC Eight Green Candles Reach $76K, What Is the Logic Behind Outperforming Gold in the Midst of Battle?
War Cooling Off, Oil Pullback, Stock Market Rebound: Where Is Bitcoin Headed This Time?
Morning Report | Strategy invested $1.57 billion last week to increase its holdings by 22,337 bitcoins; Abra plans to go public through a SPAC merger; Metaplanet aims to raise approximately $765 million to increase its bitcoin holdings
Overview of Important Market Events on March 16
CB Insights: Nine Predictions for the Fintech Sector in 2026, with Asset Tokenization Already Becoming a Trend
AI agents initiate autonomous trading, crypto giants directly challenge traditional banks: an article revealing 9 disruptive predictions that will reshape the financial landscape in 2026.
Huang Renxun's full GTC speech: The era of inference has arrived, with revenue expected to reach at least one trillion dollars by 2027, and lobster is the new operating system
At the GTC 2026 conference, NVIDIA CEO Jensen Huang positioned the company as a builder of "AI factories," stating that "by 2027, we will see at least $1 trillion in high-confidence demand." He introduced the concept of "Token factory economics," emphasizing that performance per watt is the core of ...
「One and Done SEA」, so OpenSea chooses to wait a little longer
It's already Q1 2026, and we're still waiting for OpenSea to launch its token.
Ray Dalio: The Resolution of the US-Iran Conflict Is In the Strait of Hormuz
In war, the ability to endure pain is often more important than the ability to inflict pain.
In just 70 days, Polymarket easily raked in tens of millions in fees
The money printer is running, and the future ceiling only depends on two main variables.
Matrixdock is launching the Silver Token XAGm, built on the FRS standard as an on-chain silver-backed asset.
In the future, Matrixdock will continue to expand to include more high-quality real-world assets, driving the development of a more transparent and robust on-chain reserve asset system.
a16z: The Hardest Enterprise Software, and the Greatest Opportunity in AI
The world will continue to run on SAP, but AI will reshape it
Polymarket Market-Making Bible: Pricing Spread Formula
This article presents a comprehensive market-making pricing framework that will elevate you from "guesstimate pricing spread" to "formula-based pricing spread."
App