Data: Trump-related meme coin whale spent approximately $6.97 million to buy 2.2 million TRUMP

According to Ember Monitoring, an address that previously lost approximately $14.61 million on the Trump-related meme coin $MELANIA purchased 2.2 million $TRUMP at an execution price of about $3.17, investing around $6.97 million, presumably to qualify for attending the Trump Mar-a-Lago dinner.

On-chain records show that the address spent $28.93 million USDC last year to buy 13.975 million $MELANIA at an average price of about $2.07, and exited at the end of the month at a price of about $1.02, incurring a loss of approximately 50%.