- Trump developers have strategically timed another liquidity event to align themselves with the upward recovery on a market scale.
- Is it a strategic or risky decision?
About 3.5 million official Trump (Trump) tokens were unlocked in tandem with the recent price pump. Consequently, offer whales a timely opportunity for strategic entries.
The data on the chain show that several large portfolios have accumulated during the recovery. However, their average cost base is still above the current Trump cash price.
This opens the ground for a critical inflection point: if the conviction among these whales is firm in anticipation of the continuation or if the movement turns into the distribution, transforming the pump into a liquidity trap.
Trump unlocks the tactical liquidity spark
The chain detectives in Lookonchain reported a portfolio linked to the Trump team which channeled 3.5 million tokens in the exchanges, performing a manual liquidity game.
This decision is aligned with market capitalization overvoltage of 9.23% of the same sector, pushing it to $ 12.61 billion at the time of the press.
The strategy seems to have borne fruit. A whale pulled USDC 4 million from Binance to recover 276,968 Trump at $ 14.44.
However, calling this a complete “optimistic continuation” could skip the pistol a little.
The unlocking of tokens followed a 28% hot in white rally over only two days, breaking the $ 12 supply wall and recovering this soft point of $ 14.
Consequently, the SOPR (Spent To go out Profit Report) Enriched, overturning underwater holders on an unrealized territory.
Source: Glassnode
But here is the botter: as the graphic above shows, these SOPR points often signal a local high, followed by a clear drop when holders retreat.
Although the injection of liquidity in a bullish environment may seem to be a tactical game, it is responsible for risks. Mainly, the lack of solid support on the auction side at key resistance levels.
The risks of liquidity game turn into a fire return
While the Trump team injects coins in circulation, Fomo would be expected to light up while traders rush to capitalize on liquidity.
However, the growth of the address remains dull, most of the purchase activity passing on the derivative market.
Source: Glassnode
This indicates the low demand for points at the current price of Trump, leaving the door wide open for a sale unless the whales rush to keep things afraid.
Therefore, a correction seems more likely, accompanied by intense liquidity pressures.
Unless the structural demand increases, the Trump unlocking event could turn into a faux step and recover this elusive bar of $ 15? Well, it looks like difficult demand.
