The $TRUMP trading frenzy recently came to an end, let's take a look at the on-chain data from these 4 days.

$TRUMP attracted 929,543 new on-chain traders, with its growth curve showing a power law distribution. It peaked on January 18 at 11 AM (Beijing time), adding 42,208 traders per hour, and has since shown a rapid decline, dropping to 1,383 per hour by 4 PM today (Beijing time).

As of now, the $TRUMP speculation group (only selling, not buying addresses) has sold a total of 310,654,055 USD. Their sold token amounts have shown two peaks, at 9 AM and 11 PM Beijing time on January 20, with sales amounts of 2.35 million USD and 7.28 million USD, respectively. The wave at 9 AM on January 20 was a panic sell-off, and due to the plummeting coin price, the amount converted to USD was actually lower than that at 11 PM on January 20.

In this carnival of capital and humanity, only 4 addresses can be called "diamond hands". They collectively invested $674 to purchase $TRUMP and are currently averaging a loss of $168. This behavior of holding on is as rare as diamonds.

As the price of $TRUMP ends its unilateral upward trend and volatility returns to a normal range, the number of addresses holding the coin has slowly decreased from a peak of 852,000 to the current 770,000.

As the frenzy fades, funds flow out, some profit while others incur losses. The stories of getting rich quickly ultimately belong only to a few lucky ones.

Large holders of $TRUMP began entering the market on January 18 at 20:00 (Beijing time, the same below) and started rapidly reducing their positions at 4:00 on January 20. After the issuance of a related cryptocurrency at 5:00 on January 20, they increased their selling pressure. When $TRUMP plummeted, these large holders bought significantly at the lows and gradually sold during the second rebound. Currently, the holdings of these large holders have dropped to a historical low.

The profit and loss distribution of $TRUMP trading perfectly follows the normal distribution law:

• Profits exceeding $10 million: 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 $0 to $1000: 259429 addresses
• Loss of $0 to $1000: 486421 addresses
• Loss of $1,000 to $10,000: 65,763 addresses
• Loss of 10,000 to 1,000,000 USD: 16,571 addresses
• Loss of 1 million to 10 million USD: 367 addresses
• Losses exceeding $10 million: 33 addresses

This $TRUMP trading frenzy showcases the characteristics of the cryptocurrency market, where madness and rationality, opportunities and risks coexist. Whether it results in large profits or significant losses, it provides valuable lessons for participants.