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About 3.5 million official Trump (Trump) tokens are unlocked in tandem with a recent price pump. So, offering whales a timely opportunity for strategic intakes.
The data on the chain shows that there are several large wallets accumulated during the rise. However, their average cost basis still stands above Trump’s current video.
This sets the phase for the critical point of the fold: whether the belief among these whales is firmly in anticipation of the continuation or whether the transition to distribution is, converting the pump into a trap of liquidity.
Sleep on the chain Marked the wallet Tied to Trump’s team that directed 3.5 million tokens back to exchange, performing a textbook liquidity game.
This move alignment with 9.23% of the memecoin sector caps, pushing it to $ 12.61 billion at the time of the press.
The strategy seems to have paid off. Kit retiring 4 million USDC from Binance to an increase in 276,968 Trump to $ 14.44.
However, this calling the full “bull’s sequel” might jump a gun a little.
Token unlocking was followed by a white 28% rally for only two days, breaking through a $ 12 supply wall and returning that sweet place of $ 14.
As a result, a sopr (Spent Exit Profit Ratio) Connect, turning under the underwater owners back to unrealized profit territory.
Source: Grenede
But here are the blows: as shown on the upper chart, these sofa spikes often signal the local top and then a sharp decline while the owners have brought.
Although the injection of liquidity in the bull environment could look like a tactical game, it is full of risk. Basically, lack of solid support on the level of key resistance.
While Trump’s team injects coins into the circulation, it could be expected that Fomo would be lit while merchants rush to use liquidity.
However, the growth of growth remains bad, with most of the purchase activities switched to derivative market.
Source: Grenede
This signals a weak demand for Trump’s current price, leaving the door wide open to sale, unless whales come in to stay on the surface.
Consequently, the correction looks more likely, accompanied by some intense compression liquidity.
If the structural request is not intensified, Trump’s unlocking event could turn into a wrong step and regain that elusive $ 15 rating? Well, that looks like a difficult question.