The well-known cryptocurrency trader GCR made a significant transaction by selling a large amount of the politically themed memecoin TRUMP. This caused a massive drop in the price of the altcoin. GCR had purchased these memecoins at an average price of $0.75 and made a total profit of around $4 million. Additionally, GCR is actively involved in prediction markets related to the US Presidential Elections, with a focus on pro-Trump investments. However, GCR recently moved their investments from Polymarket to other prediction markets suggesting a lower chance of Trump winning.
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