TRUMP Memecoin Team Makes Another $16.9M Token Transfer

The TRUMP memecoin team has made another significant transfer of tokens, moving $16.91 million worth of assets to Fireblocks custodial addresses.

This is the third major transfer in five months, with a total of $172.4 million moved by the team since January 2025.

Experts point out that similar transfers have coincided with price declines in the past, with TRUMP's price falling by over 66% during this period.

The latest transfer has sparked concerns among investors, who are watching to see if the tokens will end up on cryptocurrency exchanges and potentially cause further market pressure.

Despite the recent unlock of $16.9 million worth of tokens, about 80% of TRUMP's total supply remains locked with entities linked to Donald Trump, with unlocks taking place according to a three-year vesting schedule.