The memecoin TRUMP has seen intensified whale accumulation despite a recent 5% price dip and 31% lower trading volume at around $350 million. Wallets holding over 1 million TRUMP coins hit a five-month high, correlating with a 36% price rally. Analysis from on-chain data indicates these large holders may be positioning strategically ahead of potential market moves.
The memecoin TRUMP was down about 5% in the last 24 hours, while its daily trading volume decreased by approximately 31% to a still-significant $350 million. These conditions have prompted market participants to watch for a potential trend shift.
The number of whale wallets had been declining since September 2025, hitting a low of 69 in early October. However, wallets holding over 1 million TRUMP coins have sharply reversed, rising to a new five-month high of 83. This spike in accumulation occurred as the coin’s price decoupled from broader market weakness.
The price has rallied more than 36% over the past few days. A post by Lookonchain noted a transfer of 1.5 million TRUMP coins, valued at $5.85 million, to a new wallet. Such activity indicates new capital flowing into the memecoin.
Price action shows a 67% rise from a low of $2.678 to a weekly high of $4.508. This followed a period of sideways trading and a subsequent false breakout below its previous range.
The coin is currently stalling after the breakout, with the Choppiness Index at 45.91. This choppiness could represent a retest following the price hitting a supply zone between $4.452 and $5.
If bulls continue accumulating, TRUMP may clear this supply zone. A failure to defend the $3.689 level could see the price revisit a demand zone between $2.718 and $3.
