Trump Token Team Transfers $21.81 Million in TRUMP to BitGo Custody Wallet
According to Onchain Lens, 7.59 million TRUMP tokens were moved on April 19 to a BitGo custody address, which it says is often later used for transfers to centralized exchanges.
TRUMP
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Terms & Concepts
Custody wallet: A wallet managed by a third-party provider that stores digital assets on behalf of users or institutions.
Centralized exchange: A crypto trading platform operated by a company that handles order matching, custody, and user accounts.
Onchain data: Blockchain-recorded transaction information that can be tracked publicly through wallet activity and token transfers.