Trump Whales Shift 126K Tokens to Bybit Amid Market Downturn

Five major holders of the TRUMP memecoin, known as ’whales,’ have deposited 126,000 tokens into Bybit, indicating a potential market exit. This development comes as TRUMP’s price drops 5.08% amid a six-day descending trend, following a previous surge to $16.43 triggered by President Trump’s engagement with top holders.

Trump Whales Deposit 126K Tokens into Bybit Amid Price Decline

Five major holders of the TRUMP memecoin, colloquially known as ’whales,’ have deposited 126,000 tokens into Bybit, signaling a potential exit from the market. This move comes as TRUMP’s price has declined by 5.08% over the past day, trading within a descending pattern for six consecutive days.

The memecoin had previously surged to $16.43 following President Trump’s announcement of a dinner for top TRUMP holders, which spurred a wave of accumulation. However, the current market shift suggests waning confidence among these large investors, with on-chain data indicating a broader trend of whale divestment.

Bybit Showcases Crypto Payment Solutions at Web Summit Rio 2025

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, took center stage at Web Summit Rio 2025. The event, held from April 27 to 30 in Brazil’s bustling startup hub, highlighted Bybit’s innovative crypto-native payment solutions and future-ready offerings.

Crypto integration into traditional payments is accelerating globally, particularly in emerging markets. Bybit positions itself at the forefront of this revolution, serving as a comprehensive platform for trading, custody, and fiat on-ramps. The exchange continues to evolve into a full-spectrum crypto lifestyle brand.