Trump-Linked Wallet Unloads $2.9M in TRUMP Tokens Amid Market Volatility
A wallet linked to former US President Donald Trump's team has sold $2.9 million worth of TRUMP tokens, according to blockchain analytics firm EmberCN.
The sale occurred just one day after the same address transferred approximately $9.3 million worth of TRUMP tokens to OKX, a major cryptocurrency exchange.
The initial transfer of 3.837 million TRUMP tokens to OKX on Wednesday indicates that the wallet is actively managing its holdings, possibly in response to market conditions or as a shift in strategy.
The exact identity of the wallet's owner remains unknown, but its connection to the Trump team has been reported by multiple outlets.