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Home/Crypto News
Crypto News

Whale Wallets Accumulate TRUMP Coin Despite Recent Price Drop

Author
Austin Mwendia
Austin Mwendia
Crypto Writer
Fact Checked by Joshua Downes
Last updated: March 12, 2026
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Whale Wallets Accumulate TRUMP Coin Despite Recent Price Drop

Highlights:

  • Large wallets bought more TRUMP coins even as the price moved lower this week.
  • New wallets received funds, while some public figures reduced their holdings.
  • The TRUMP coin is trading near a key support level after a sharp decline over the past month.

Large investors, commonly known as whales, are accumulating TRUMP coin despite the recent market decline, according to data from Nansen. On-chain records show whale holdings increased during the past seven days. Large wallets held about 3.9 million tokens at the beginning of the period. Those holdings later rose to roughly 4.54 million tokens. This change represents a 13.48% increase in whale-controlled supply.

🚨DATA: WHALES ACCUMULATE TRUMP TOKENS AS PRICE DROPS

Large investors are quietly increasing exposure to $TRUMP despite the recent price decline, according to @nansen_ai.

Whale holdings rose from 3.9M to 4.54M tokens in seven days. That marks a 13.48% jump in supply held by… pic.twitter.com/JMjq4OkTXR

— BSCN (@BSCNews) March 12, 2026

The buying occurred while the token price declined. The TRUMP coin traded near $3.45 earlier in the week. The price later moved toward the $2.90 range. Blockchain data shows that several large wallets added tokens during this drop.

One address labeled “High Balance” holds about 2.19 million TRUMP tokens. The position carries a value close to $6.26 million at recent prices. Transaction history shows an average purchase cost of $7.32 per token. This entry price sits far above the current market value.

However, the wallet added about 253,000 tokens during the past week. Blockchain transfers show several incoming transactions during the decline. The purchases occurred while the token traded below earlier buying levels. Another address labeled SOL Millionaire also increased its holdings. The wallet currently holds about 385,823 TRUMP tokens. Records show an average purchase cost of $9.92 per token. The cost basis stands well above the current market price.

Despite the large gap between cost and market value, the wallet added more than 104,000 tokens. Blockchain data also shows activity from automated trading wallets. One trading bot address currently holds about 232,000 tokens. The wallet processed multiple transfers across the network. These transactions reflect the ongoing movement of TRUMP coins between wallets.

On-Chain Data Shows New Money Entering While Some Investors Step Back

Blockchain data also reveals several capital flows across the TRUMP network. Large wallets received roughly $786,000 worth of TRUMP coins during the recent period. These inflows appeared through multiple transactions recorded on the blockchain.

Whales are accumulating $TRUMP while its down.

Whale supply quietly climbed from 3.9M to 4.54M tokens – up 13.48% in 7D, despite price dropping from $3.45 to $2.90.

Looking at some of the wallets behind the move:

High Balance [3B7XAQrL]: holding 2.19M tokens at avg cost of… pic.twitter.com/qnaJi3OJNl

— Nansen 🧭 (@nansen_ai) March 12, 2026

At the same time, centralized exchanges recorded notable outflows. Around $5.2 million worth of TRUMP coins moved away from trading platforms. These transfers sent tokens from exchange wallets into private addresses. Blockchain activity also shows inflows into newly created wallets. Data indicates that about $1.8 million entered fresh addresses during the same timeframe. New wallets often appear when new investors enter the market.

However, other investor groups reduced their exposure during the same period. Data shows public figures lowered their TRUMP holdings by about 11.57%. Meanwhile, wallets categorized as smart money kept their positions unchanged. Blockchain records show no major change in their holdings during the week.

TRUMP Coin Price Moves Lower While Technical Levels Draw Market Attention

Despite the ongoing buying spree, TRUMP coin is currently trading at $2.85, with a 2.06% decrease in the last 24 hours. The trading volume of the coin has decreased by 13.91% to $95.12 million, while the market cap stands at $663.27 million.

Whale Wallets Accumulate TRUMP Coin Despite Recent Price Drop
TRUMP Price Chart: CoinMarketCap

The TRUMP coin is trading near a major support zone at $2.89, according to a recent analysis on the daily chart. The market has shown a steady decline since late January, when sellers controlled momentum during this period. However, the $2.89 area now acts as a strong demand zone for the memecoin.

Source: TradingView

Meanwhile, the TRUMP coin is facing a key resistance level near $5.30. This region previously acted as support before the breakdown. As a result, it now forms the first major supply zone. Any recovery rally will likely face strong selling pressure there. Another stronger resistance zone sits near $8.29. Earlier price action shows repeated rejection around this level. Therefore, this area marks the main upside target.

In addition, the RSI is approaching the oversold region near 30. This signal suggests weak momentum in the current trend. However, oversold conditions sometimes trigger short-term relief bounces. If the coin stabilizes above $2.89, it could rally towards $4.09 as predicted earlier by Crypto2Community analysts.

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Tags

MemecoinsNansenTRUMP coinVolatilityWhales
Austin Mwendia
Author

Austin Mwendia

Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.

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