Trump whales deposits 126k tokens into Bybit
By: bitcoin ethereum news|2025/05/03 09:45:01
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. Source: https://ambcrypto.com/5-trump-whales-deposit-126k-tokens-into-bybit-will-price-fall-below-10/
You may also like

Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."

Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.

Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...
Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?

ZachXBT vs. RAVE: Is a “Clean” Market Really What Speculators Want?
While cleaning up manipulation, it may also involve cleaning up liquidity

Arbitrum Poses as Hacker, 'Steals' Back Money Lost by KelpDAO
Even though Arbitrum wielded the admin key, the battle is far from over.

Without Cook's Apple, Can it Still Grow in the AI Era?
The iPhone Remains at its Peak, But Apple is at a Turning Point

Saylor's Bitcoin Holdings Surpass BlackRock, How Does This "Bitcoin Financing Machine" STRC Work?
Funding Cap is not equal to Execution Path; whether Bitcoin can cooperate is the true variable.

What Is RWA? What Is RWA in Crypto (Complete 2026 Guide)
Wondering what is RWA in crypto? We explain what RWA is, break down RWA tokenization in simple no-jargon terms, and cover why it's 2026's hottest crypto narrative.

What Is the KelpDAO Attack? What It Means for Aave Users in 2026
KelpDAO suffered a $292M rsETH exploit on April 18, 2026, triggering Aave market freezes and $13B DeFi outflows. Here’s what happened, whether Aave is safe now, and what users should do next.

Is your gold really "within reach"? The geographical blind spots of custodial services behind tokenized gold
When "complete physical support" does not equal "truly desirable," the risks are just beginning to emerge.

Cook Passes the Baton, Anthropic Gears Up | Rewire News Morning Brief
In the window of AI reshaping the hardware landscape, Apple has chosen a Maker

Will the Fed Cut Interest Rates Again? Tonight's Data Is Key
Citi believes geopolitical turbulence is temporary and the rate cut trajectory remains unchanged. Meanwhile, Deutsche Bank warns that the policy has reached a neutral stance, with no interest rate cuts in the foreseeable future.

The person taking over Apple has to do something he has never done before
Software, AI, services—areas he never directly controlled in his 25-year Apple career

Why Are You Always Losing Money on Polymarket? Because You're Betting on News, While The Rulebook Favors Insiders
At Polymarket, most people who bet incorrectly are not wrong in their prediction but rather in not having read the rules carefully.

Not a Price Hike, but a Supply Shortage? Oil Price Has Crossed the Threshold
A $95 Per Barrel Price Is Far From Enough to Rebalance the Oil Market

a16z: 5 Ways Blockchain Helps AI Agent Infrastructure
Artificial intelligence makes scaling cost-effective, but it is difficult to establish trust. Cryptocurrency can rebuild trust on a large scale.

Morning News | The Hong Kong Securities and Futures Commission announced the regulatory framework for secondary market trading of tokenized investment products; Strategy increased its holdings by 34,164 bitcoins last week; KAIO completed a strategic fi...
Overview of Important Market Events on April 20

What Is an XRP Wallet? The Best Wallets to Store XRP (2026 Updated)
An XRP wallet lets you safely store, send, and receive XRP on the XRP Ledger. Learn what wallets support XRP and discover the best XRP wallets for beginners and long-term holders in 2026.
Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."
Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.
Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...
Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?
ZachXBT vs. RAVE: Is a “Clean” Market Really What Speculators Want?
While cleaning up manipulation, it may also involve cleaning up liquidity
Arbitrum Poses as Hacker, 'Steals' Back Money Lost by KelpDAO
Even though Arbitrum wielded the admin key, the battle is far from over.
Without Cook's Apple, Can it Still Grow in the AI Era?
The iPhone Remains at its Peak, But Apple is at a Turning Point

