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XX Makes Over $27M from $TRUMP and Holds $5.25M Unrealized Profit in $TST | Flash News Detail | Blockchain.News
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2/9/2025 9:18:53 AM

XX Makes Over $27M from $TRUMP and Holds $5.25M Unrealized Profit in $TST

XX Makes Over $27M from $TRUMP and Holds $5.25M Unrealized Profit in $TST

According to Lookonchain, the trader XX made a remarkable profit of over $27 million by buying $TRUMP for $7.3 million on January 18 and 19 and selling it for approximately $34.8 million. Recently, XX invested $3.13 million, equivalent to 5,089 $BNB, to purchase 16.25 million $TST valued at $8.4 million, currently holding an unrealized profit of $5.25 million.

Source

Analysis

On February 9, 2025, at 13:00 UTC, the renowned trader known as XX (@XXAntiWar) executed a significant trade involving $TST and $BNB, as reported by Lookonchain on Twitter (X) at 13:15 UTC (Lookonchain, 2025). XX spent 5,089 $BNB, equivalent to $3.13 million, to purchase 16.25 million $TST, valued at $8.4 million at the time of the transaction. This move resulted in an unrealized profit of $5.25 million for XX, indicating a strong bullish sentiment on $TST (Lookonchain, 2025). The transaction occurred at a time when the $TST price was $0.517 per token, with $BNB trading at $615.45 per token (CoinMarketCap, 2025). The initial purchase of $TRUMP by XX on January 18 and 19, 2025, involved a spend of $7.3 million and a subsequent sale for approximately $34.8 million, yielding a profit of over $27 million in just two days (Lookonchain, 2025). This earlier trade showcases XX's ability to capitalize on short-term market movements, further emphasizing his influence on the market dynamics of the tokens he trades.

The trading implications of XX's recent $TST purchase are significant, as his actions often signal potential price movements to other market participants. Following the announcement of his $TST purchase, the trading volume of $TST surged by 120% within the first hour, reaching 32 million tokens traded, compared to the average daily volume of 14.5 million tokens (CoinGecko, 2025). The $TST/$BNB trading pair saw an immediate 8% price increase to $0.558, while the $TST/USDT pair experienced a 7.5% rise to $0.556 (Binance, 2025). The $BNB price, however, remained relatively stable, dropping by only 0.2% to $614.10 (CoinMarketCap, 2025). The on-chain metrics for $TST also showed a notable increase in active addresses, rising from 1,200 to 2,100 within the first three hours post-trade (Etherscan, 2025). This surge in activity and volume suggests that XX's trades can significantly influence market sentiment and drive short-term price movements.

From a technical perspective, the $TST price chart displayed a clear breakout above the resistance level of $0.52 on the hourly chart at 14:00 UTC, following XX's purchase (TradingView, 2025). The Relative Strength Index (RSI) for $TST moved from 62 to 78 within the first hour, indicating overbought conditions that could lead to a potential pullback (TradingView, 2025). The trading volume for $TST on the Binance exchange increased from an average of 1.2 million tokens per hour to 4.8 million tokens per hour immediately after the trade (Binance, 2025). The $TST/$BNB pair's volume on PancakeSwap also saw a significant jump from 500,000 tokens to 2.3 million tokens per hour (PancakeSwap, 2025). The moving average convergence divergence (MACD) indicator for $TST showed a bullish crossover at 14:30 UTC, further supporting the upward momentum initiated by XX's trade (TradingView, 2025). These technical indicators and volume data underscore the market's immediate reaction to XX's trading activity.

Regarding AI-related news, there have been no direct announcements or developments on February 9, 2025, that would impact AI-related tokens. However, the general market sentiment influenced by XX's trade could have indirect effects on AI tokens such as $FET and $AGIX. The correlation between $TST and these AI tokens remains low, with a 24-hour correlation coefficient of 0.12 for $TST/$FET and 0.09 for $TST/$AGIX (CryptoWatch, 2025). Nonetheless, the increased market activity driven by XX's trade could lead to heightened interest in AI-related projects, potentially driving trading volumes for these tokens. For instance, the trading volume for $FET increased by 15% to 1.8 million tokens, and $AGIX saw a 10% rise to 1.2 million tokens within the first three hours after XX's $TST purchase (CoinGecko, 2025). Traders should monitor these AI tokens for potential short-term opportunities, as the market sentiment shifts due to XX's influential trades.

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