ChainCatcher reported that on-chain analyst Ember tracked a series of transfers from wallets tied to the TRUMP token team over the past eight months. In total, 81.87 million TRUMP tokens were moved out of team wallets and sent to centralized exchanges including Binance and OKX at an average price of $3.04, resulting in $249 million in realized proceeds.
According to the same monitoring data, the team was originally allocated 800 million TRUMP tokens, equal to 80% of the total supply. It still holds 718 million TRUMP, representing 71.8% of total supply, with the remaining holdings valued at $1.49 billion. The update centers on wallet flows and token concentration as observed on-chain, with the figures attributed to Ember and cited by ChainCatcher.
ChainCatcher reported, citing on-chain analyst Ember, that the TRUMP token team has transferred a cumulative 81.87 million TRUMP tokens out of team wallets over the past eight months.
Those tokens were sent to centralized exchanges including Binance and OKX at an average price of $3.04, for cash proceeds of $249 million.
The team was allocated 800 million TRUMP tokens, or 80% of the total supply. It still holds 718 million TRUMP, equal to 71.8% of total supply, with those holdings valued at $1.49 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.