TRUMP team transferred 81.87 million tokens worth $249 million to exchanges

  • TRUMP-linked team wallets transferred 81.87 million tokens to Binance, OKX and other exchanges.
  • The transfers were worth about $249 million at an average price of $3.04.
  • The team retains roughly 718 million TRUMP from its original 800 million-token allocation.

Wallets linked to the TRUMP memecoin team transferred 81.87 million tokens worth about $249 million to centralized exchanges including Binance and OKX over eight months, based on on-chain analysis by EmberCN. The transfers occurred at an average price of about $3.04 and represented roughly 8.2% of the team's original 800 million-token allocation, leaving about 718 million tokens under team control. Exchange deposits do not establish that all transferred tokens were sold. TRUMP traded near $2.06 at 2:42 p.m. UTC on October 3, down 4.58% over 24 hours and 73.36% over the past year, with a market capitalization of about $581.94 million. The token remains more than 97% below its $75.35 all-time high reached on January 19, 2025.

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