A wallet identified as CX2tAR deposited 2.2 million TRUMP tokens — worth approximately $6.29 million — to Binance roughly three hours ago.
The tokens were acquired a month ago, reportedly timed around Trump's memecoin luncheon event. At current prices, the position is underwater by an estimated $398,000.
The transfer signals the holder may be preparing to sell, adding modest sell-side pressure to the token.
Lookonchain