March 13, 2026 – A high-profile Solana whale is attempting a dramatic recovery play in the Trump-themed memecoin space, turning a massive prior loss into an early profit on the meme token.
On-chain intelligence platform Lookonchain reported that wallet DNTpoX (tagged on Arkham Intelligence) spent 30 million USDC to accumulate $MELANIA roughly one year ago. The position was later liquidated for just 14.32 million USDC, locking in a $15.68 million realized loss.
Today, hours after news broke of an exclusive “grand luncheon” for top $TRUMP holders at Mar-a-Lago with President Trump, the same whale re-entered the market. According to Lookonchain and Arkham data, DNTpoX purchased 2.2 million $TRUMP tokens for $9.68 million at an average price of $3.17 per token.
The position is already showing an unrealized profit of $2.72 million as the token surged more than 30% on the announcement hype.
One year ago, whale DNTpoX spent 30M $USDC to buy $MELANIA, then sold it for 14.32M $USDC, losing $15.68M.
Today, after the announcement of a grand luncheon for $TRUMP holders, he bought 2.2M $TRUMP($9.68M) at $3.17.
He is now up $2.72M.
Can he recover his losses from $MELANIA… pic.twitter.com/OOYJXpexCL— Lookonchain (@lookonchain) March 13, 2026Also Read
Arkham’s transfer history (screenshot shared by Lookonchain) reveals the fresh buys arrived in several tranches from Binance hot wallets within the past 10 hours, while the 2025 $MELANIA activity shows the whale buying at peak prices near $322 before dumping into a collapsing market.
The timing underscores the extreme sentiment sensitivity of political memecoins. $MELANIA once traded as high as $332 before crashing, while $TRUMP has repeatedly spiked on Trump-family news.
Lookonchain posed the obvious question in its post: “Can he recover his losses from $MELANIA with $TRUMP?”
With memecoin volatility still at fever pitch and the Mar-a-Lago event looming, traders are watching whether this whale’s high-stakes bet on the “TRUMP” token can offset the pain from the “MELANIA.” As of press time, the position remains open and unrealized gains could evaporate as quickly as they appeared.
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