$16.9M in TRUMP Tokens Moved to Institutional Custody Wallets

A significant movement of the official $TRUMP cryptocurrency token has drawn attention from digital asset analysts after wallets linked to the Trump team transferred millions of dollars worth of tokens to institutional custody wallets.

According to blockchain tracking data, approximately $16.91 million worth of $TRUMP tokens were moved to Fireblocks custody wallets, marking another major transaction involving the politically connected cryptocurrency asset.

The latest movement adds to a series of large-scale $TRUMP token transfers that have taken place over recent months, with the team moving around 48.25 million $TRUMP tokens worth approximately $172.4 million across three separate batches in the past five months.