TRUMP, SPX, and DEGEN Show On-Chain/Price Divergence in Late June 2026
2026-06-22 20:01:19
Official Trump (TRUMP), SPX6900 (SPX) and Degen (DEGEN) are showing gaps between on-chain positioning and price action in the last week of June 2026. According to BeInCrypto, TRUMP is up more than 5% in 24 hours with smart money net long $627,000 on Hyperliquid perps and $681,000 spot outflows, but it remains in a falling channel and failed at $2.20 on June 13. SPX is up about 8% on the week as holder tiers diverge and smart money is net short $115,000, while the chart shows a double top at $0.49. DEGEN is up about 8% on the day and over 25% on the week, but volume is fading and the largest holder dumped 185 million tokens this week.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Deadly Tesla Crash Spurs Investigation by US Auto Safety Agency
