Trump token whale sells for $3.7M profit as memecoin starts decline

The memecoin whale made an over 1,428% return on his initial investment in the Trump token.

A large memecoin holder, or whale, has made a $3.7 million profit after selling his Maga (TRUMP) tokens amidst the current market sell-off.

Whale wallet ‘0x52C0’ has sold over 171,000 Trump tokens for a total of 414 Ether (ETH), worth $1.44 million, in the past 24 hours, for a total profit of over $3.7 million.

The whale has been selling his Trump coins at the $8.38 mark, according to a June 18 X post by Lookonchain.

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