Trump Token Team Moves $16M TRUMP Coin to Fireblocks Custody Ahead of Breakout
The Trump Token Team has made significant moves in transferring $16.91 million worth of TRUMP coins to Fireblocks custodial addresses, sparking interest among crypto traders.
According to market analyst Arkham, this is not the first time the team has moved large quantities of TRUMP tokens to cold storage addresses associated with BitGo and Fireblocks.
This latest transfer does not signal panic selling but rather whales' repositioning ahead of potential breakouts amid massive price drops.
The TRUMP coin, currently trading at $1.54, has seen a 97.86% drop in value from its ATH of 73.43 reached on January 19, 2025.