When Donald Trump launched his own meme coin on Friday, a lot of people made a lot of money very quickly—but there’s at least one trader who bet, and won, a substantial amount of money much more quickly than most.
On Friday, four hours before Trump made the shocking announcement that he had launched TRUMP, his own Solana meme coin, an anonymous user filled a brand-spanking-new crypto wallet (identified as “6QSc2”) with over $1 million dollars worth of SOL, and then sat waiting.
Within thirty seconds of the Trump’s meme coin announcement on Truth Social Friday evening, the wallet emptied its entire $1 million clip by purchasing over 5.9 million TRUMP tokens. Within hours, those tokens were worth over $116 million.
The trader then split their massive stash of TRUMP tokens into 10 different Solana wallets and began selling off huge portions of it the next day, according to analysis by the on-chain research firm Bubblemaps. By Monday morning, the trader had sold $85 million wo
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Author: Sander Lutz
