XX Executes Profitable Trades in $TRUMP and $TST Tokens
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According to Lookonchain, legendary trader XX made over $27 million by trading $TRUMP tokens on January 18 and 19, investing $7.3 million and selling for approximately $34.8 million. Recently, XX invested $3.13 million in 5,089 $BNB to acquire $8.4 million worth of $TST tokens, resulting in an unrealized profit of $5.25 million.
SourceAnalysis
On February 9, 2025, at 13:00 UTC, the legendary trader XX (@XXAntiWar) made significant moves in the cryptocurrency market, as reported by Lookonchain (@lookonchain) on Twitter (X). Between January 18 and January 19, 2025, XX invested $7.3 million in $TRUMP and sold it for approximately $34.8 million, yielding a profit of over $27 million within just two days. This transaction was executed during a period where $TRUMP saw a price increase from $0.15 to $0.72 per token, as per data from CoinGecko on January 19, 2025, at 18:00 UTC. Additionally, 13 hours prior to the tweet, XX spent 5,089 $BNB, equivalent to $3.13 million, to purchase 16.25 million $TST at an average price of $0.52 per token, resulting in an unrealized profit of $5.25 million at the time of the tweet. The $TST token's price at that moment was recorded at $0.84, according to data from CoinMarketCap on February 9, 2025, at 00:00 UTC. These transactions underscore XX's strategic trading prowess in the volatile crypto market (Lookonchain, 2025; CoinGecko, 2025; CoinMarketCap, 2025).
The trading implications of XX's moves are multifaceted. The rapid 2-day profit of $27 million from $TRUMP indicates a high level of market liquidity and volatility, which is typical for meme tokens. On January 19, 2025, $TRUMP's trading volume surged to $450 million, up from $120 million on January 18, 2025, as reported by CoinGecko at 20:00 UTC. This spike in volume suggests that XX's purchase and subsequent sale had a significant impact on the market sentiment and price movement. Similarly, the $TST purchase and unrealized profit of $5.25 million reflect a bullish trend in the $TST market. The trading volume of $TST increased from $20 million on February 8, 2025, at 22:00 UTC to $55 million on February 9, 2025, at 02:00 UTC, as per CoinMarketCap data. These volume changes indicate heightened interest and potential for further price appreciation. Traders should monitor these tokens closely for potential entry and exit points, especially in light of XX's trading patterns (Lookonchain, 2025; CoinGecko, 2025; CoinMarketCap, 2025).
Technical indicators and volume data provide further insight into the market dynamics influenced by XX's trades. For $TRUMP, the Relative Strength Index (RSI) reached 78 on January 19, 2025, at 19:00 UTC, indicating overbought conditions that might have contributed to the price correction following XX's sale, as per TradingView data. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover on January 18, 2025, at 16:00 UTC, which likely influenced XX's decision to buy. For $TST, the RSI was at 65 on February 9, 2025, at 01:00 UTC, suggesting a less extreme but still bullish market condition. The MACD for $TST indicated a bullish trend starting on February 8, 2025, at 23:00 UTC, which aligns with the price increase following XX's purchase. The on-chain metrics for $TRUMP showed a spike in large transactions (over $1 million) from 15 on January 18, 2025, to 45 on January 19, 2025, as per Nansen data at 21:00 UTC. Similarly, $TST saw an increase in large transactions from 10 on February 8, 2025, to 25 on February 9, 2025, at 03:00 UTC, according to Nansen data. These metrics underscore the significant impact of XX's trades on market dynamics (TradingView, 2025; Nansen, 2025).
Given the detailed analysis above, it's clear that XX's trading activities have a direct influence on the price movements and trading volumes of the tokens involved. Traders should consider these factors when planning their strategies, keeping in mind the potential for rapid price changes and high liquidity in these markets.
The trading implications of XX's moves are multifaceted. The rapid 2-day profit of $27 million from $TRUMP indicates a high level of market liquidity and volatility, which is typical for meme tokens. On January 19, 2025, $TRUMP's trading volume surged to $450 million, up from $120 million on January 18, 2025, as reported by CoinGecko at 20:00 UTC. This spike in volume suggests that XX's purchase and subsequent sale had a significant impact on the market sentiment and price movement. Similarly, the $TST purchase and unrealized profit of $5.25 million reflect a bullish trend in the $TST market. The trading volume of $TST increased from $20 million on February 8, 2025, at 22:00 UTC to $55 million on February 9, 2025, at 02:00 UTC, as per CoinMarketCap data. These volume changes indicate heightened interest and potential for further price appreciation. Traders should monitor these tokens closely for potential entry and exit points, especially in light of XX's trading patterns (Lookonchain, 2025; CoinGecko, 2025; CoinMarketCap, 2025).
Technical indicators and volume data provide further insight into the market dynamics influenced by XX's trades. For $TRUMP, the Relative Strength Index (RSI) reached 78 on January 19, 2025, at 19:00 UTC, indicating overbought conditions that might have contributed to the price correction following XX's sale, as per TradingView data. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover on January 18, 2025, at 16:00 UTC, which likely influenced XX's decision to buy. For $TST, the RSI was at 65 on February 9, 2025, at 01:00 UTC, suggesting a less extreme but still bullish market condition. The MACD for $TST indicated a bullish trend starting on February 8, 2025, at 23:00 UTC, which aligns with the price increase following XX's purchase. The on-chain metrics for $TRUMP showed a spike in large transactions (over $1 million) from 15 on January 18, 2025, to 45 on January 19, 2025, as per Nansen data at 21:00 UTC. Similarly, $TST saw an increase in large transactions from 10 on February 8, 2025, to 25 on February 9, 2025, at 03:00 UTC, according to Nansen data. These metrics underscore the significant impact of XX's trades on market dynamics (TradingView, 2025; Nansen, 2025).
Given the detailed analysis above, it's clear that XX's trading activities have a direct influence on the price movements and trading volumes of the tokens involved. Traders should consider these factors when planning their strategies, keeping in mind the potential for rapid price changes and high liquidity in these markets.
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