Will TRUMP Break $10? Check out the Whale Movement!

Jakarta, Pintu News – In the uncertain cryptocurrency world, the Official Trump (TRUMP) digital currency is now at a critical juncture. A TRUMP whale recently amassed 625,765 tokens worth $5.33 million in 40 days and made a $1.7 million withdrawal from OKX, despite suffering an unrealized loss of nearly $1 million. This activity raises a big question: is this a sign of a massive sell-off or a long-term strategy?

Whale TRUMP and Their Strategy

The address involved has been building its position consistently despite facing declining value. The recent withdrawal of 200,000 TRUMP tokens indicates a possible strategic offloading or long-term confidence in the value of these tokens. On the other hand, an increase in inflows to the exchange of $1.67 million according to CoinGlass data signals a significant change from the previous few weeks of neutral to negative trends.

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TRUMP Price Stability and Upside Potential

Currently, TRUMP price is consolidating around $8.66, above the local low of $8.30. Based on Fibonacci retracement levels, there is resistance seen ahead at $10.12, with stronger limits around $13.06 and $14.35. If the bulls can push the price into this zone, a potential short squeeze could happen quickly, especially if the price reaches between $8.80 and $9.00, where the Binance liquidation heat map shows accumulated short liquidation.

TRUMP Derivatives Market and Market Sentiment

The TRUMP derivatives market showed an ambiguous picture. Although Open Interest rose 5.79% to $376.78 million, volume only increased slightly by 3.51% to $348.79 million. This shows that despite the increase in interest, traders are still not fully decided on the market direction. This activity adds to the uncertainty in predicting TRUMP’s future price direction.

Conclusion

With various dynamics at play, from whale activity to uncertain market sentiment, TRUMP’s future is still full of question marks. Traders are advised to keep a close eye on whale behavior and pressure points used in leverage. Their decisions in the next few days will largely determine the price direction of TRUMP.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• AMB Crypto. Trump faces crucial test, a move to $10 will depend on. Accessed on July 11, 2025