Dormant Whale Moves 211,343 TRUMP Tokens to Gate at a $1.28 Million Loss

According to Onchain Lens, the wallet was inactive for eight months before depositing TRUMP tokens valued at about $847,400 to Gate, a cryptocurrency exchange.

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Summary

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Terms & Concepts
  • Whale: A wallet or investor holding a large amount of cryptocurrency, whose transactions can draw market attention.
  • On-chain data: Blockchain-recorded transaction activity that can be tracked publicly through wallet movements and token transfers.
  • Dormant wallet: A cryptocurrency wallet that has shown no activity for an extended period before becoming active again.