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TRUMP token drops 8% after $3.39M team wallet withdrawals, but still up 61% weekly.

Technical Signals
28 Aug 2026
Blockonomi
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Bearish
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The Official TRUMP token fell over 8% within 24 hours to about $2.27 following $3.39 million USDC withdrawals by team-associated wallets using liquidity positions on Solana. Despite this, the token remains up 61% over the past week, rising from around $1.40. A vesting event releasing 28.7 million tokens (2.9% of supply) is scheduled for Sept. 18, which may increase selling pressure. Public Citizen reports TRUMP holders have lost $3.2 billion since launch, highlighting significant investor risk despite recent gains.

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