Trump Media Unloads Another 2,628 Bitcoin Amid Consolidation Pressure
Trump Media has sold another 2,628 Bitcoin (BTC) worth approximately $165.07 million in a recent transaction, according to on-chain data shared by market trackers.
This sale brings the company's reported Bitcoin disposals over the past seven months to 7,281 BTC, which were allegedly sold for around $545 million at an average price of $74,855 per coin.
The firm initially accumulated 11,542 BTC valued at about $1.37 billion at an average acquisition price of $118,522, but despite the recent sales, its remaining Bitcoin position is still reportedly showing an unrealized loss of approximately $555 million.
Market participants remain focused on whether this selling activity could influence broader market sentiment as Bitcoin continues to consolidate below key technical resistance.