{"id":65450,"date":"2025-05-11T04:30:36","date_gmt":"2025-05-11T04:30:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=65450"},"modified":"2025-05-11T04:30:36","modified_gmt":"2025-05-11T04:30:36","slug":"3-5-million-trump-tokens-on-the-move-trump-team-makes-a-big-play","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=65450","title":{"rendered":"3.5\u202fMillion TRUMP Tokens On The Move\u2014Trump Team Makes A Big Play"},"content":{"rendered":"

Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token<\/a> group sent a whopping 3.5\u202fmillion TRUMP tokens on May\u202f10,\u202f2025. That stash is valued at roughly $52.66\u202fmillion across multiple exchange platforms.<\/p>\n

When so much enters exchanges all at once, it can trigger massive price movements and increased volatility. Traders indicate they\u2019re paying close attention to order books to determine if prices will fall. Meme-coin community tension is building.<\/p>\n

Massive Token Transfer Between Exchanges<\/strong><\/h2>\n

According to reports, the 3.5\u202fmillion\u2011token decrease was allocated on four key platforms. 1.5\u202fmillion tokens worth approximately $22.41\u202fmillion were given to Binance. 1\u202fmillion tokens, worth around $15.06\u202fmillion, were distributed to OKX. Both Bybit and Coinbase<\/a> received 500,000 tokens, approximately worth $7.53\u202fmillion and $7.48\u202fmillion, respectively.<\/p>\n

The wallet linked to the $TRUMP<\/a> team just deposited 3.5M $TRUMP<\/a>($52.66M) into exchanges again.https:\/\/t.co\/9nc4YjTvxE<\/a>https:\/\/t.co\/Y8lStmCWyw<\/a> pic.twitter.com\/alY3TRv1oz<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) May 10, 2025<\/a><\/p>\n

Such distribution might facilitate availability for trade or be a starting point in selling. Using the top exchanges\u2019 choice shows the owner\u2019s accessibility. Statistics come directly from the public blockchain.<\/p>\n\n

Market Maker Joins The Fray<\/strong><\/h2>\n

Simultaneously, market maker Cumberland\u202fDRW transferred 300,000 tokens to OKX for approximately $4.4\u202fmillion. Combined with previous deposits, over $24\u202fmillion worth of TRUMP tokens flowed onto exchanges in recent days.<\/p>\n

Chain observers noted the timing, as the activity preceded a high-profile political reception on May\u202f22. Some investors are concerned it is a sign of a group exit strategy among large holders.<\/p>\n

Others point out that market makers will frequently swap tokens to hedge against risk and balance order books. Either situation keeps eyes fixed on the next giant transfer.<\/p>\n

WLFI Increases Crypto Holdings<\/strong><\/p>\n

Meanwhile, a wallet associated with World Liberty Financial<\/a> purchased 1,587\u202fETH<\/a> for approximately $3.5\u202fmillion. It also acquired 9.7\u202fwrapped Bitcoin, valued at approximately $1\u202fmillion.<\/p>\n

That spree comes on the heels of another $19.58\u202fmillion token deposit that appeared on exchanges on April\u202f29.<\/p>\n

A wallet likely linked to #Trump<\/a>\u2019s World Liberty(@worldlibertyfi<\/a>) bought 1,587 $ETH<\/a>($3.5M) and 9.7 $WBTC<\/a>($1M) ~30 minutes ago.https:\/\/t.co\/0qWkRUhm0D<\/a> pic.twitter.com\/KaYsTQrQ6G<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) May 9, 2025<\/a><\/p>\n

WLFI is associated with a political figure, which adds to the hype surrounding the TRUMP token. Analysts say this action indicates the group is serious about holding and transferring large amounts in crypto.<\/p>\n

Price Movements Indicate Volatility<\/strong><\/p>\n

Despite sell-off fears, TRUMP increased 2.50% over the last 24\u202fhours and was trading at $14.09 at press time. That\u2019s lower than a recent high of $15.15. The token\u2019s market cap is close to $2.85\u202fbillion and 24\u2011hour volume is almost $2.77\u202fbillion.<\/p>\n

Large transactions on the chain such as these will usually initiate quick changes in price. Traders will have their eyes glued on exchange books and social media feeds in the next few days.<\/p>\n

If another whale decides to shift tokens, markets will respond in an instant. TRUMP token is still at the mercy of its largest holders and the timing of their trades for now.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5\u202fmillion TRUMP tokens on May\u202f10,\u202f2025. That stash is valued at roughly $52.66\u202fmillion across multiple exchange platforms. When so much enters exchanges all at once, it can trigger massive price movements and increased volatility. Traders indicate they\u2019re paying […]<\/p>\n","protected":false},"author":0,"featured_media":65451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65450"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65450"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/65451"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}