Trump Team Shifts Another $16M in TRUMP Memecoin to Bitgo
The Trump team has shifted another $16.9 million in TRUMP memecoin towards custodian Bitgo, bringing the total to $172.4 million over five months.
This transfer is part of a pattern that the team has repeated for months, with 48.25 million TRUMP tokens being moved across three separate batches since January 2025.
The price of TRUMP has been under pressure, trading near $1.55 and having declined around 96% from its peak in January 2025.
This development comes as scrutiny over the transfers grows, with critics pointing out that Trump-affiliated entities control roughly 80% of the token's total supply under a three-year vesting schedule.