An Investor in TRUMP Cashed Out 20 Hours Before Positive News, Gaining Only $483,000
According to on-chain analyst Ember, an investor in TRUMP tokens cashed out about 20 hours before the release of positive news, gaining only $483,000. Had they held their position until after the announcement, their theoretical profit could have reached $4.28 million. The positive news was TRUMP's announcement that the top 220 holders would be invited to dine with Trump on May 22. This news drove the token price up by 40% on the day, jumping from $9.3 to $14.7.
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