Trump whales deposits 126k tokens into Bybit

By: bitcoin ethereum news|2025/05/03 01:45:01

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/

-- Price

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

Trump, the best stock trader among U.S. presidents

Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.

From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?

Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.

Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date

The moment faith was securitized, Bitcoin became a bill.

OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants

The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.

Q-Day Countdown: Will Quantum Computing End Cryptocurrency?

In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?

The ten years of Cloud on the Air: From corner coffee to global financial infrastructure

How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?

$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026

TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

The cryptocurrency industry has become a traditional industry

For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.

Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon