finance
Millions of TRUMP Tokens Transferred From Team Wallet to Exchange
Approximately 7.9 million TRUMP tokens valued at $1.929 million were unlocked and transferred from the GetTrumpMemes team wallet. The tokens moved through BitGo and a custody address before entering an exchange wallet. A separate transfer of 7.001 million tokens from the same wallet occurred 15 hours earlier.
May 11, 6:10 AM·1m read1 source
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Approximately 7.904 million TRUMP tokens, valued at $1.929 million, were unlocked from the GetTrumpMemes team wallet and transferred one hour ago. The tokens entered an exchange wallet after passing through BitGo and an intermediate custody address. The sequence began with the unlocking and transfer from the team wallet.
The tokens then moved to BitGo before being sent onward to a custody address. From there, the full amount reached the exchange wallet within the past hour. Fifteen hours earlier, a separate transfer of 7.001 million TRUMP tokens was executed from the same team wallet and entered BitGo.
Both movements involved tokens that had been locked in the team-controlled wallet. The team wallet activity was reported on social media, showing the inflows to the exchange wallet. No statements were issued regarding the purpose of the transfers or any planned use of the tokens.
The transfers represent movements of roughly 15 million tokens in total from the team wallet over a 16-hour period.
