At 02:01:33 am UTC on January 18, a crypto trader identified only by their wallet address—an alphanumeric string ending in J9tXv—purchased $1.1 million worth of TRUMP, a new cryptocurrency launched by US president Donald Trump. The trade stands out partly for its size but mostly for its timing: Trump had publicly unveiled the coin barely two minutes earlier.
In the minutes immediately after the announcement, other traders purchased similarly large amounts of TRUMP: One invested $500,000, two others $250,000 apiece,
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