Tl; DR
- A portfolio linked to the official team of Trump has deposited another large piece of tokens in crypto exchanges, with the most likely intention of taking advantage of recent overvoltages.
- At the same time, other whales continue to accumulate the asset, perhaps to obtain a place in the next dinner with the president.
The Trump team sells again?
The controversy around the fourth largest piece of memes continues while the team behind it has made another considerable transaction in centralized exchanges. In the latest example, a portfolio linked to them filed more than $ 52 million in Trump in commercial platforms, which is generally associated with sales; If not, why would they transfer funds to exchanges, because everything on the blockchain is visible and traceable?
The portfolio linked to $ Trump The team has just deposited 3.5m $ Trump(52.66 million dollars) in exchanges again.https://t.co/9NC4YJTVXhttps://t.co/y8stmcwyw pic.twitter.com/ALY3TRV1OZ
– Lookonchain (@lookonchain) May 10, 2025
It is far from the first similar instance. Remember that at the end of April, the team transferred a more modest value of $ 20 million in the memes play to Binance, Okx and Bybit. At the time, Trump's price also increased after the announcement of the coming dinner with the president in one of his golf establishments in Washington, DC.
A recent chain report analysis, quoted By CNBC, said the Trump team had benefited somewhere from around $ 320 million from various activities with the token, including the costs routed to portfolios linked to creators.
At the same time, the American president continues to claim that he did not even benefit from a penny of the price gains of the piece even.
Whales continue to buy
After the announcement of the dinner made last month, which indicates that the 220 Trump holders will have the opportunity to attend a special event with the potus on May 22, many investors rushed to buy the profit, some with the obvious intention of attending, others to enjoy speculating.
With only a few days until the instantaneous deadline for holders is completed, chain data show that a whale spent USDC 4 million to acquire 276,968 TRUMP tokens at $ 14.44. At the time of the press, this assures them a seat at the presidential table.
A whale has just retired 4m $ USDC Since #Binance Buy 276 968 $ Trump at $ 14.44. pic.twitter.com/ucllsom72
– Lookonchain (@lookonchain) May 10, 2025
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