WuBlockchain
Wallets associated with the TRUMP token team transferred about 81.87 million TRUMP to centralized exchanges over eight months, according to on-chain analyst EmberCN. The transfers to venues including Binance and OKX were worth roughly $249 million at an average transfer price of $3.04.
Why it matters
The team was initially allocated 800 million TRUMP, or 80% of total supply. It is estimated to still hold about 718 million tokens, equal to 71.8% of supply and worth around $1.49 billion. That concentration makes future transfers from team-associated wallets important to track.
Market impact
Exchange deposits can create potential sell pressure, but a transfer does not establish that tokens were sold. The reported movements show how much TRUMP reached trading venues, not what happened to it afterward.
Frequently asked questions
-
How many TRUMP tokens reached centralized exchanges?
Wallets associated with the TRUMP team transferred about 81.87 million TRUMP to centralized exchanges over eight months, according to on-chain analyst EmberCN.
-
Which exchanges received the reported TRUMP transfers?
The reported destinations included Binance and OKX.
-
What was the estimated value of the TRUMP transfers?
The transfers were worth roughly $249 million at an average transfer price of $3.04.
-
How much TRUMP is the team estimated to still hold?
The team is estimated to still hold about 718 million TRUMP, or 71.8% of total supply, worth around $1.49 billion.
-
Do the exchange deposits mean the TRUMP tokens were sold?
No. The reported transfers show tokens reaching centralized exchanges, but do not establish that those tokens were sold.
CryptoSlate
Glassnode
Lookonchain
Crypto News
CoinDesk
Whale Alert
WatcherGuru