The transactions of large whales in the cryptocurrency market continue to attract attention. According to on-chain data, a whale who held TRUMP tokens for eight months closed their position with a significant loss.
According to shared data, a whale with the short address 2sBcbh sold 211,343 TRUMP tokens for approximately $847,000. It is reported that the investor incurred a loss of approximately $1.29 million from this sale. The whale had purchased these tokens about eight months ago at a price of $10 per token, spending a total of $2.13 million on the transaction.
Another transaction in the same whale’s portfolio involved Solana (SOL). It is reported that the whale previously purchased 18,787 SOL at an average price of $175, and this position is currently at a loss of approximately $1.62 million.
On the other hand, it is observed that different whales are increasing their risk appetite in the market. According to on-chain data, another large whale has increased its leveraged long position in the HYPE token. It was reported that the whale has a long position of 196,353 HYPE with 5x leverage, and the total value of this position is approximately $7.37 million.
*This is not investment advice.
