Trump Coin is indicating an upward trend.

Recently, a noteworthy development in the cryptocurrency market is taking place with Trump Coin (TRUMP). A whale investor's large purchases through both the Solana and Hyperliquid networks could be a sign of a potential surge for TRUMP.

According to data provided by the on-chain analysis platform Lookonchain, a mysterious investor spent 5,346 SOL (approximately 1.07 million dollars) to purchase 165,401 TRUMP tokens on the Solana network. As a result of these transactions, the investor currently has an unrealized profit of about 335,000 dollars in their wallet. This movement is viewed as a positive signal regarding the future of TRUMP.

The same investor also invested 485,669 USDC on the decentralized derivatives exchange Hyperliquid to open a long position worth a maximum leverage of 1.13 million TRUMP (approximately 9.5 million dollars). With this transaction, it was recorded that the unrealized profit the investor gained is approximately 1.18 million dollars. Such high-volume transactions can lead to market volatility and increased interest from other investors.

According to Lookonchain, this whale investor is not only focusing on Trump Coin but is also opening long positions for major assets like Solana, Ethereum (ETH), and Bitcoin (BTC). Particularly, these strategic moves in both spot and derivative markets are raising speculation that TRUMP could enter a new uptrend.

Market data show that the volatility in the TRUMP price has also increased in parallel with these transactions. Investors should closely monitor the impact of whale purchases on the market and TRUMP's future price movements. These developments could represent a significant turning point in terms of investment opportunities in the cryptocurrency world.