A Giant Whale Sells TRUMP Bought Higher, Gives Back $483,000 in Profit and Loses $900,000 in Principal
On May 4, EmberCN monitored that the “whale who sold TRUMP before Trump’s dinner plans were announced and missed out on a $3.8 million gain” sold his second high buy of TRUMP three hours earlier, giving back his profit and losing $900,000 of his principal.
In the early morning hours of April 23, the whale sold 630,000 TRUMPs for $8.7, making a profit of $483,000, before Trump’s dinner plans were announced and the price of TRUMPs spiked to $16. The whale missed out on a $3.8 million gain;
The whale bought TRUMP at $15.39 on April 27th in a catch-up buy;
Early this morning, the price of TRUMP fell 13%, and the whale sold its second purchase of TRUMP three hours ago at $11.29. It lost $483,000 of its first profit and $900,000 of its principal.