Trump Coin whale moves 143 million tokens amid sell-off fears

A notable movement of 15.3 million TRUMP tokens worth 143 million USD was reported, triggering sell-off fears. This transfer occurred on the Solana network, causing apprehension among traders.

Trading at 9.24 USD, the TRUMP coin exhibits a slight increase of 0.02%. Analysts warn that if the price drops below the critical level of 9.21 USD, it could incite panic selling.

Whale trading has led to increased volatility, with a trading volume of over 308 million USD. Meanwhile, TikTok has rebuffed allegations from Congressman Brad Sherman regarding purchasing 300 million USD in TRUMP tokens.

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