TRUMP Team Wallets Send $14.4 Million in TRUMP Tokens to Binance

According to on-chain analyst Ember, 5 million TRUMP worth about $14.4 million was transferred to Binance, adding to exchange deposits from a 32.5 million-token team allocation unlocked in early February.

TRUMP

Summary

According to on-chain analyst Ember, wallets linked to the TRUMP team transferred 5 million TRUMP worth about $14.4 million to Binance. The tokens came from a 32.5 million TRUMP batch unlocked and moved from team allocation wallets in early February. Based on the figures provided, 9.88 million TRUMP worth about $31.7 million from that unlocked batch has now reached Binance.

Terms & Concepts
  • TRUMP: A cryptocurrency token referenced in the report as being held in team allocation wallets and transferred to Binance.
  • Binance: A cryptocurrency exchange where digital assets can be deposited, traded, and withdrawn.
  • Token unlock: The release of previously restricted tokens so they can be transferred or potentially enter circulation.