TRUMP Memecoin Wipeout Investor Faces 16M Loss What’s Next

TRUMP memecoin’s wild ride leaves a crypto whale drowning in $16M losses. Despite an early win, risky trades erased profits, pushing the investor to double down in hopes of a comeback. Will TRUMP rally or sink further?

Zagham Abbas
March 30, 2025
4:30 am

Zagham Abbas

Zagham is a renowned crypto journalist known for his insightful analysis and in-depth reporting on the cryptocurrency industry.

TRUMP memecoin wipes out a crypto whale’s $16M, with recent sales adding $3.3M to the losses
Despite earlier gains of $11.82M, subsequent trades led to a net loss of $24.35M, wiping out initial profits.
The investor doubles down, spending $11.28M to buy more TRUMP tokens, betting on a potential rebound.

A prominent crypto whale is facing significant financial losses, having invested millions in the volatile TRUMP memecoin, created as a tribute to former President Donald Trump. According to blockchain tracking platform Lookonchain, the whale’s TRUMP trades have resulted in losses nearing $16 million this month alone.

The latest setback occurred when the whale sold 743,947 TRUMP tokens, valued at $7.92 million, for $10.66 per token. This move added another $3.3 million to the growing list of losses associated with this particular investment.

This whale sold 743,947 $TRUMP($7.92M) at $10.66 five hours ago—taking another $3.3M loss on $TRUMP!

He only profited on his first $TRUMP trade. The next three were all losses, bringing his total loss to $15.7M.https://t.co/gFBYweyzpO pic.twitter.com/RS8Cpj3MOq
— Lookonchain (@lookonchain) March 28, 2025

Lookonchain’s analysis shows that a series of unfortunate trades wiped out the whale’s gains from the initial TRUMP trade. The first trade netted a profitable $11.82 million, but the following transactions took a sharp downturn, with losses amounting to $24.35 million on the second trade and an additional $201,000 loss on the third.

This whale made $11.82M on his first $TRUMP trade, lost $24.35M on the second, and took another $201K loss on the third!

Now, he's back—spending $11.28M to buy 777,684 $TRUMP at $14.50.

Will he turn a profit this time?https://t.co/udjuLMtcUH pic.twitter.com/s8TGHdDH95
— Lookonchain (@lookonchain) March 3, 2025

The trader is now doubling down, spending an additional $11.28 million to acquire 777,684 more tokens at $14.50 each, sparking speculation as to whether they will finally turn a profit or continue down the path of loss.

Whale Dumps TRUMP Token at a Loss

The memecoin, launched by President Trump earlier this year, has attracted a range of investors, many hoping to capitalize on its fluctuating price movements. TRUMP first gained traction following a post by Trump on his social media platform, Truth Social, where he proclaimed, “I LOVE TRUMP.” Following this announcement, several deep-pocketed investors flocked to the token, including one who spent $5 million in USDC to accumulate a sizable position in the asset. Unfortunately, this whale also experienced losses, selling a portion of their holdings this week at a $207,000 loss.

At the time of writing, TRUMP is trading at $10.05, having dropped 2.80% in the past 24 hours, reflecting the extreme volatility that has characterized the token since its inception. Investors question whether the memecoin will rebound or continue to spiral downward. Some remain hopeful that the next trade may yield positive results.

The ongoing saga of TRUMP’s market movements highlights the risk involved in speculative memecoins, which have often been driven by hype rather than fundamental value. Whether the latest whale will find fortune on their next TRUMP purchase or fall deeper into the red remains to be seen, but for now, the risks are clear: the memecoin market is a high-stakes arena where fortunes can change in an instant.