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Crypto

Trump Token Team Transfers $16M to Signal Potential Price Breakout

Guavy AI Editorial Team
Instruments
ATH TRUMP TRU
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The Trump token team has made significant moves in the crypto market by transferring $16.91 million worth of TRUMP coins to Fireblocks custodial addresses.

This transfer is seen as a bullish indicator, as large deposits to cold addresses often spur more buying participation and indicate portfolio rebalancing among major whales.

The move comes amid a broader decline in the crypto market, with TRUMP trading at $1.54, down 97.86% from its ATH of 73.43 reached on January 19, 2025.

Despite the price drop, forward-looking whale investors are quietly accumulating TRUMP tokens, suggesting that the meme asset is attracting new buyers and allocators ahead of a potential market rebound.

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