Trump-related Meme cryptocurrency whales spent approximately $6.97 million to buy 2.2 million Trump tokens.

CoinFeed reported on March 13th that, according to Ember Monitoring, an address that previously suffered a huge loss of approximately $14.61 million on the Meme coin $MELANIA (related to Trump's wife) today purchased 2.2 million $TRUMP tokens. Based on the transaction price of approximately $3.17, this represents an investment of approximately $6.97 million, suspected to be for securing a place at Trump's Mar-a-Lago dinner. On-chain records show that in early February last year, this address spent 28.93 million USDC to purchase 13.975 million $MELANIA tokens, at an average price of approximately $2.07, and then liquidated its position at the end of that month at a price of approximately $1.02, incurring a loss of approximately 50%.