Trump Media transferred 2,628 BTC to Crypto.com, reducing wallet balance to 4,261

Trump Media Technology Group continues to reduce its holdings in Bitcoin

According to online tracking data shared by Lookonchain, Trump Media Technology Group, the parent company of the Truth Social platform, continues to reduce its Bitcoin exposure. The latest operation continues months of selling and has caused the company to significantly reduce its reported bitcoin balance.

In a transfer identified by Lookonchain using Arkham data, a wallet associated with Trump media sent 2,628 bitcoins to Crypto.com. The move is said to be worth about $165 million and continues a selling cycle that began about seven months ago.

Key Points

According to Lookonchain's analysis of Arkham data, wallets associated with Trump media have transferred 2,628 bitcoins (approximately US$165 million) to Crypto.com.

Lookonchain estimates that Trump media has sold a cumulative of 7,281 bitcoins worth approximately US$545 million in the past seven months.

Arkham wallet data quoted by Lookonchain showed that as of the time of reporting, the remaining positions were 4,261 bitcoins, worth approximately US$269.8 million.

Meanwhile, a broader legislative debate is underway over the CLARITY Act, which has attracted attention for its ethics provisions on digital asset activities.

New Crypto.com transfers further reduce remaining bitcoins

Lookonchain reports that Trump The media executed another Bitcoin sale by transferring money to Crypto.com. The analysis attributed the transactions to wallets associated with Trump media and cited Arkham's wallet and transaction information.

In a recent series of operations, Arkham data cited by Lookonchain showed two transfers: one for 2,429 bitcoins and the other for 198.9 bitcoins.

Taken together, Lookonchain stated that these transfers totaled 2,628 bitcoins and were worth approximately US$165 million based on the current price assumptions used in its report. Prior to this reduction, the company's wallets transferred a total of 2,650 bitcoins, worth approximately US$205 million, to Crypto.com on May 22.

Seven-month sell-off has shrunk reported positions

Lookonchain views the latest transfer as a continuation of a broader clearing strategy. The tracker said Trump Media purchased 11,542 bitcoins at an average price of $118,522 each before it began selling some of its holdings about seven months ago.

Based on the same data set, Lookonchain estimates that a total of 7,281 bitcoins were sold during the period, valued at approximately US$545 million. The analysis also calculated that the average selling price for these transactions was $74,855 per piece.

After the latest outflow, Arkham data quoted in the report showed that Trump media's remaining Bitcoin positions were 4,261, worth approximately US$269.8 million as of press time. This means the company's reported bitcoin balance fell about 63% from the total initial purchases cited by Lookonchain.

Why timing matters: Background to ethics and ownership disputes

In addition to on-chain mechanisms, the sale coincides with lawmakers debating the CLARITY Act. The proposal has attracted attention because of its stance on ethical rules and whether officials 'digital asset activities may raise conflicts of interest.

point out that a range of Trump -related cryptocurrency initiatives have been mentioned in broader public policy discussions, including memocoins like Official Trump (TRUMP) and Melania (MELANIA), as well as World Liberty Financial's governance tokens WLFI and USD1 stablecoins. The focus of controversy is the overlap between political influence and private cryptocurrency holdings or products.

According to recent discussions on the CLARITY Act, the focus has been on tightening ethics provisions-particularly rules on when officials can issue or sponsor digital assets. However, the report pointed out that legislation is still under review and does not force companies to sell existing positions.

This distinction is critical for investors and compliance observers: Even if the law ultimately changes the future behavior of officials or related entities, it may not retroactively affect a company's ability to retain, liquidate, or otherwise manage existing cryptocurrencies.

Trump Next Focus on Media Related Wallet

For market participants, the key signal in this story is not just that Bitcoin is being sold, but the stability of its sale and which counterparties (here, Crypto.com) it is being sold, based on Wallet and transaction clusters reported by Lookonchain via Arkham data.

Readers should pay attention to whether more transfers continue to occur in the same Trump media-related wallet and whether the remaining balance of 4,261 bitcoins has changed further. At the same time, political and regulatory concerns surrounding the CLARITY Act suggest that even if recent changes do not mandate immediate sales, disclosure, governance and ethical standards for digital asset participation may still be an active topic.