Scandal at the Trump Table: Whales Make a Splash, Is a $10 Tumble Inevitable?

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  • TRUMP tumbles by 5.08%—hardly the sort of decline one brags about over cocktails 🥂.
  • Five whales from Donald’s inner circle appear to be doing the financial equivalent of the conga at Bybit.

Upon President Trump’s casually ostentatious invitation to a dinner for Official Trump [TRUMP] aficionados, whales stampeded to accumulate tokens as though someone had whispered, “free golden forks.”

The ensuing whale frenzy buoyed our illustrious memecoin to the dizzying heights of $16.43. Alas, market mood being fickle as ever, reality decided to rain upon the parade.

Consequently, we’ve witnessed six days of this coin slipping downwards—rather like an ill-fated soufflé after a particularly loud argument next door.

The reason? Those same whales, whose appetite was once voracious, now seem keen to hightail it out. One can practically hear the sighs of regret as they scramble for the nearest exit, warning the nouveaux riches to hold their diamond hands with care.

The ever-watchful @ai_9684xtpa informs us that the five leading whales from Trump’s gastronomic guestlist have tipped their 126,000 TRUMP tokens—worth an ostentatious $1.64 million—courteously into Bybit’s gaping maw.

With ambition (or desperation) to sell at $9.71 against a $13.02 deposit, these whales stand to waltz away with $420,000—should luck favor the bold, or at least the quick.

Whales shuffling coins to exchanges generally herald as much optimism as wet socks at a regatta. Should these tokens all go to market, expect a plummeting price unless some heroic buyers—perhaps swayed by patriotic fervour or simply bad advice—step in.

If this parade of selling continues, expect further declines—one could almost hear the distant jingle of coins tumbling down the price charts.

Is the memecoin set for another dip?

AMBCrypto’s soothsayers whisper that Trump faces ever-increasing downward pressure as sellers waltz back onto stage (and probably demand better champagne).

The order delta, for those partial to such metrics, is now as negative as Aunt Agatha’s reviews at post-theatre supper—sellers are dominating, buyers sadly outnumbered and outgunned.

To put it simply: more selling than Stanford at an out-of-print book fair, which is rarely a sign of robust optimism.

Yesterday saw the celebrated bearish crossover on the RSI—a foreboding signal that sellers are now running the show. The Stochastic followed suit, performing a less than dignified exit. One could scarcely stage a more convincing tragedy if one tried.

The script, my darling, now reads: if dinner-party whales abandon ship in bulk, this memecoin’s encore shall not be a standing ovation but an ignoble slide below $10, perhaps even meeting $9.2 backstage.

To reverse this gloomy trajectory, whales must rediscover their appetite for risk—and perhaps, for cheap tokens. Until then, keep your monocle polished and your wallet handy.

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2025-05-03 04:14