Trump Team Unloads $15.5 Million in Official Trump Tokens on OKX
The team behind President Donald Trump's meme coin Official Trump (TRUMP) has made a significant move, depositing about $15.5 million worth of tokens to OKX, a global cryptocurrency exchange.
According to Lookonchain, the Official Trump team transferred approximately 646,000 TRUMP tokens in two transactions on August 23rd.
This large-scale deposit is often interpreted as a sell signal, indicating that the team may be looking to liquidate their holdings or prepare for a potential price drop.