$249 Million TRUMP Token Transfer Raises Concerns Over Team's Selling Pressure
The TRUMP token team has moved $249 million worth of tokens to centralized exchanges over eight months, according to blockchain data.
This represents about 8.2% of their original allocation of 800 million tokens, leaving them with roughly 718 million tokens.
The tokens were transferred at an average price of $3.04 and are now worth around $1.49 billion based on the remaining balance in team wallets.