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Trump team moves $16.9M more TRUMP memecoin to Bitgo, totaling $172M in five months.

Market News
25 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

The Trump team's wallet transferred 10.84 million TRUMP tokens, valued at $16.91 million, to the custodian Bitgo on July 25, continuing a pattern of large transfers. Over the past five months, the team has moved a total of 48.25 million TRUMP tokens worth approximately $172.4 million in three batches. These transfers typically precede token sales on exchanges and have drawn scrutiny due to the token's 96% price drop since its January 2025 launch and concerns about concentrated supply controlled by Trump-affiliated entities. The token trades near $1.55, with many holders facing significant unrealized losses amid ongoing debates about conflicts of interest and market influence.

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