Review of the TRUMP Token Trading Frenzy: 4 Days of On-Chain Data Analysis

The recent trading frenzy of TRUMP Token has gradually calmed down after 4 days, and now we will conduct a retrospective analysis of the on-chain data during this period.

The TRUMP Token attracted 929,543 new on-chain traders, with its growth curve exhibiting a power-law distribution. On January 18th at 11:00 AM ( Beijing time ) it peaked at 42,208 people per hour, after which it showed a rapid decline, dropping to 1,383 people per hour by January 22nd at 4:00 PM ( Beijing time ).

As of now, the seller of the TRUMP Token, (, has sold a total of 310,654,055 USD from the address ) that only sells and does not buy. The selling quantity experienced two peaks, which were at 9 AM and 11 PM on January 20, ( Beijing time ), with amounts of 2.35 million USD and 7.28 million USD, respectively. The wave at 9 AM was a panic sell-off, as the price of the coin plummeted, resulting in an amount converted to USD that was lower than that at 11 PM.

In this carnival, only 4 addresses can be called "diamond hands". They have collectively invested $674 to purchase TRUMP tokens, currently averaging a loss of $168. This kind of steadfast holding behavior is as rare as diamonds.

As the price increase trend of TRUMP Token comes to an end and volatility returns to normal, the number of holding addresses has started to slowly decline after reaching a peak of 852,000, and is currently around 770,000.

The behavior of large investors ( whales ) is also worth paying attention to. They started entering the market to build positions on January 18 at 20:00 and began to quickly reduce positions on January 20 at 4:00. After a competing coin was released, they increased their selling pressure. After the price of the TRUMP Token plummeted, these large investors began to buy heavily at the lows and gradually reduced their holdings during the subsequent rebound. Currently, the holdings of large investors have dropped to historical lows.

The profit and loss distribution of TRUMP Token trading shows a perfect normal distribution:

• More than 10 million dollars in profit: 28 addresses
• Profit of 1 million to 10 million USD: 424 addresses
• Profit of 10,000 to 1,000,000 USD: 16,791 addresses
• Profit of $1,000 to $10,000: 50,636 addresses
• Profit of $0 to $1000: 259,429 addresses
• Loss of 0 to 1000 dollars: 486,421 addresses
• Losses of 1,000 to 10,000 USD: 65,763 addresses
• Loss of $10,000 to $1,000,000: 16,571 addresses
• Loss of 1 million to 10 million USD: 367 addresses
• Over $10 million in losses: 33 addresses

The TRUMP token trading frenzy is like a carnival of humanity and capital, and when the dream ends, the hot money dissipates, with some making profits and others incurring losses. For most participants, this is just a brief speculative experience rather than a long-term investment legend.