Whale Activity Sparks Attention Around TRUMP Coin Amid Market Volatility

• Whales quietly accumulate TRUMP Coin as market volatility unsettles investors.
• Major wallets consolidate millions in TRUMP amid broader crypto downturn.
• TRUMP Coin steadies near key support after sharp monthly decline.

The cryptocurrency market continues to face turbulence, with Bitcoin trading around $106,877 and Ethereum hovering near $3,868. While top assets show minor gains, overall market volatility remains elevated, and many altcoins have recorded weekly declines.

Amid these conditions, $TRUMP Coin has emerged as a focus point following notable whale accumulation. According to Arkham Intelligence, an investor recently purchased approximately $4 million worth of TRUMP on OKX at around $5.83 per coin. This transaction reflects growing movement among large holders despite the coin’s recent downward trend.

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Whale Consolidation and Institutional Moves

Recent on-chain data shows coordinated activity between major wallets holding significant TRUMP balances. A wallet containing $7.5 million in TRUMP transferred $1.17 million to another wallet already managing $6.5 million worth of the token. These transactions suggest large-scale consolidation, often seen when major holders prepare for strategic positioning.

Over the past month, TRUMP Coin has fallen by nearly 32%, even after the team behind it announced a $200 million treasury rescue and buyback initiative aimed at stabilizing the token’s price. Ongoing regulatory oversight and ethical concerns related to Trump’s cryptocurrency ventures—which reportedly generated more than $1 billion in profits—continue to weigh on sentiment.

Institutional interest has also surfaced, as Newsmax Inc. authorized up to $5 million in TRUMP purchases alongside Bitcoin. This move adds a layer of legitimacy to the project and signals participation from established financial players.

Technical Outlook and Key Levels

From a technical perspective, TRUMP Coin is consolidating within a symmetrical triangle following a sharp decline. Lower highs have created overhead resistance, while crucial support sits between $5.64 and $5.55.

Trading volume has been decreasing, hinting at a potential breakout. A drop below support could push the token quickly toward $5.63, while maintaining strength above $5 could allow a recovery toward $7.50, and possibly higher toward $10–$15 if momentum builds.

The coming weeks will determine whether sustained whale activity and institutional participation can shift TRUMP Coin’s current trend or if broader market pressures will continue to dictate its trajectory.

Also Read: France Intensifies Crypto Oversight as ACPR Targets Binance and Coinhouse in AML Inspections

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