According to Lookonchain, two major whales sold a total of 765,128 TRUMP tokens worth $8.58 million at a combined loss of $2.34 million just 5 hours ago. Wallet 3kjP9L, previously profiting $196,000 on TRUMP, sold 337,560 tokens ($3.81 million) and incurred a $1.38 million loss. Meanwhile, wallet 7X6Vun, which earlier realized $732,000 in TRUMP gains, sold 427,568 tokens ($4.77 million) at a $961,000 loss. These significant whale sell-offs and realized losses may indicate increased short-term selling pressure and could lead to further volatility for TRUMP traders, as large-scale exits often signal weak market confidence (source: Lookonchain on Twitter, May 4, 2025).

According to @WatcherGuru, President Trump posted an image of himself depicted as the Pope, sparking a surge in social media engagement that analysts link to a spike in meme coin trading volumes and increased volatility in politically themed tokens. Traders are monitoring shifts in sentiment-driven assets, as previous Trump-related posts have historically correlated with short-term price swings in coins like MAGA and TRUMP tokens (source: @WatcherGuru, CoinGecko analytics).