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3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play — TradingView News

cryptonews100_tggfrn by cryptonews100_tggfrn
May 11, 2025
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Based mostly on the most recent evaluation of Lookonchain, one pockets related to the TRUMP token group despatched a whopping 3.5 million TRUMP tokens on Might 10, 2025. That stash is valued at roughly $52.66 million throughout a number of trade platforms.

When a lot enters exchanges suddenly, it will possibly set off large worth actions and elevated volatility. Merchants point out they’re paying shut consideration to order books to find out if costs will fall. Meme-coin neighborhood rigidity is constructing.

Huge Token Switch Between Exchanges

In line with stories, the three.5 million‑token lower was allotted on 4 key platforms. 1.5 million tokens price roughly $22.41 million got to Binance. 1 million tokens, price round $15.06 million, had been distributed to OKX. Each Bybit and Coinbase acquired 500,000 tokens, roughly price $7.53 million and $7.48 million, respectively.

Such distribution may facilitate availability for commerce or be a place to begin in promoting. Utilizing the highest exchanges’ alternative reveals the proprietor’s accessibility. Statistics come instantly from the general public blockchain.

Market Maker Joins The Fray

Concurrently, market maker Cumberland DRW transferred 300,000 tokens to OKX for roughly $4.4 million. Mixed with earlier deposits, over $24 million price of TRUMP tokens flowed onto exchanges in current days.

Chain observers famous the timing, because the exercise preceded a high-profile political reception on Might 22. Some buyers are involved it’s a signal of a bunch exit technique amongst giant holders.

Others level out that market makers will regularly swap tokens to hedge towards threat and stability order books. Both scenario retains eyes mounted on the following large switch.WLFI Will increase Crypto Holdings

In the meantime, a pockets related to World Liberty Monetary bought 1,587 ETH for roughly $3.5 million. It additionally acquired 9.7 wrapped Bitcoin, valued at roughly $1 million.

That spree comes on the heels of one other $19.58 million token deposit that appeared on exchanges on April 29.

WLFI is related to a political determine, which provides to the hype surrounding the TRUMP token. Analysts say this motion signifies the group is critical about holding and transferring giant quantities in crypto.Worth Actions Point out Volatility

Regardless of sell-off fears, TRUMP elevated 2.50% during the last 24 hours and was buying and selling at $14.09 at press time. That’s decrease than a current excessive of $15.15. The token’s market cap is near $2.85 billion and 24‑hour quantity is sort of $2.77 billion.

Giant transactions on the chain corresponding to these will normally provoke fast modifications in worth. Merchants could have their eyes glued on trade books and social media feeds within the subsequent few days.

If one other whale decides to shift tokens, markets will reply instantly. TRUMP token continues to be on the mercy of its largest holders and the timing of their trades for now.

Featured picture from Unsplash, chart from TradingView



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