TRUMP Team Sells Millions in Tokens, Still Holds Vast Majority
The TRUMP token team has been actively moving tokens to centralized exchanges over the past eight months. According to on-chain data, wallets linked to the team have sent approximately 81.87 million TRUMP tokens to Binance and OKX.
This stash was worth around $249 million at the time of the transfers. The team's remaining position is estimated to be worth around $1.49 billion, consisting of 718 million tokens that make up 71.8% of the total supply.
The TRUMP token launched with a total supply of 1 billion, with 800 million going to the founding team. The team has sold about 8.2% of its supply so far, leaving room for continued selling.
The September transfer of approximately 8.4 million tokens to OKX offers a reference point for future unlocks. Traders are left to analyze wallet movements using platforms like Arkham Intelligence and Ember Monitoring, as the team has not been transparent about its trading intentions.