A team-linked wallet transferred 10.84 million TRUMP tokens worth about $16.91 million into custody, marking the third large transfer in five months totaling 48.25 million tokens ($172.4 million). These transfers, likely routed through custody services like BitGo and Fireblocks before reaching exchanges, raise concerns about increased supply that could pressure the TRUMP price, currently near $1.56 with support around $1.50. While these custody moves do not confirm sales, they correlate with past price declines and could impact market confidence if demand doesn't keep pace. The team has not disclosed the purpose of the transfers, leaving traders to watch for further exchange deposits to confirm active selling.
The team behind the Donald Trump-backed TRUMP memecoin transferred nearly $16.9 million worth of tokens to custody wallets, sparking speculation about their next move. This activity coincides with ongoing debates over the CLARITY Act, which targets c...
Official Trump (TRUMP) memecoin traded narrowly between $1.50 and $1.60 but declined 2.46% in 24 hours, extending weekly losses to 4%. A team-linked address transferred 10.837 million TRUMP tokens worth $16.91 million, adding to 48.25 million tokens ...
