Whale Movement: 63.9 Million USDC Bridged to Solana for TRUMP and SOL Acquisitions
WikiBit 2025-01-19 15:26
On January 19th, COINOTAG reported significant movements in the cryptocurrency market as a prominent whale recently transferred 63.9 million USDC to the
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Whale Movement: 63.9 Million USDC Bridged to Solana for TRUMP and SOL Acquisitions
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On January 19th, COINOTAG reported significant movements in the cryptocurrency market as a prominent whale recently transferred 63.9 million USDC to the Solana network following the launch of the TRUMP token. The investor subsequently secured 23.4 million USDC from Kamino to further acquire TRUMP and SOL. Notably, the transaction included an investment of 11.5 million USDC to purchase 1 million TRUMP tokens at a price of $11.50, positioning the whale for an unrealized profit of $31.8 million. In the same breath, an additional investment of 75.8 million USDC was directed towards acquiring 312,571 SOL tokens, valued at $242.59, resulting in a projected unrealized profit of $9.8 million. This strategic move highlights potential market trends and the confidence investors are placing in these assets.
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