TRUMP Coin Team Dumps Millions to Exchanges: Is a Major Sell-Off Incoming? 💰
A significant movement of TRUMP tokens was observed today as a team-linked wallet transferred $52.66 million worth of assets to centralized exchanges. Lookonchain reported that a wallet associated with the TRUMP token team deposited 3.5 million tokens to various exchanges, raising concerns about a potential major sell-off event.
Solana-based on-chain analysis confirmed this activity, linking the wallet directly to the TRUMP token team. This large-scale transfer could indicate strategic market positioning or signal an impending shift in the token's market dynamics.
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