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$23M token transfer to custody hints at possible sell pressure for TRUMP amid weak price action

Technical Signals
26 Mar 2026
AMBCrypto
View Source
Bearish
pluang ai news

A transfer of 6.97 million TRUMP tokens valued at $23.18 million to BitGo custody suggests potential inflows to exchanges, which could increase selling pressure. Despite this, ongoing outflows and declining open interest indicate weak demand and reduced trader participation, keeping the price within a fragile consolidation range below key resistance at $4.274. If the tokens move to exchanges, TRUMP may face renewed downside pressure, but current low supply and participation could limit sharp declines.

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