Trump-Linked Wallets Move Millions Ahead of Token Unlock
- Trump-linked wallets moved $26.65 million in SOL earlier today.
- A vesting release of 28.7 million TRUMP tokens, about 2.9% of total supply, is scheduled for September 18.
- TRUMP trades near $2.41, down roughly 97% from its January peak of $73.43.
- The Official Trump Meme Team wallet has offloaded over $150 million worth of TRUMP-linked tokens onto exchanges since April.
- In June, the team moved $32.8 million worth of tokens to Binance in a single transaction.
The Trump Meme Team has been actively moving large amounts of funds ahead of a major token unlock scheduled for September, which could impact the token’s market dynamics significantly.
With TRUMP trading at only a fraction of its peak value and ongoing significant fund movements, the upcoming token release will test the remaining demand for this politically branded memecoin.(Source)
