TRUMP whale sells tokens to “cut losses”, will the price continue to fall?

A major investor has just sold 427,600 TRUMP tokens for about $4.9 million, incurring a heavy loss, putting downward pressure on prices and reflecting bearish sentiment amid market volatility.

Whale sells 427,600 TRUMP tokens at a loss of $961,000
Two TRUMP token whales sold a total of more than 765,000 tokens worth $8.58 million, incurring a loss of more than $2.3 million, putting downward pressure on prices and reflecting growing pessimism in the market.

“Two large whales sold a total of 765,128 TRUMP tokens, worth $8.58 million, for a collective loss of $2.34 million just 5 hours ago. This significant sell-off by experienced traders signals growing bearish sentiment and could add further downward pressure on the price of $TRUMP in the short term.” — Lookonchain , On-Chain Analyst
Market volatility follows large whale trades
TRUMP token is currently priced at $10.84, down 16.01% over the past 24 hours, with a market cap of $2.17 billion and a trading volume of nearly $968.44 million. Despite the short-term volatility, the price is still up 14.40% over the past 30 days.