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TRUMP Trump-related TRUMP token team transfers hundreds of millions of dollars worth of tokens to centralized exchanges in the past eight months
It has been reported that the TRUMP token team associated with Donald Trump has transferred hundreds of millions of dollars worth of tokens to multiple centralized cryptocurrency exchanges in the past eight months. According to data shared by online data tracking platform Ember, a total of 81.87 million TRUMP tokens were transferred from the team's wallet address in the past eight months. These tokens are sent to centralized exchanges such as Binance and OKX, and the average price during the transfer period is approximately US$3.04.
As of press time, the trading price of TRUMP tokens is US$2.05. Based on the above data, the total value of TRUMP tokens transferred to the exchange is approximately US$249 million.
However, data shows that the team still holds a large number of tokens. It is reported that the team owns 80% of the total supply of TRUMP tokens, or 800 million tokens, and currently only transfers approximately 8.2% of the total supply to the exchange. According to available data, the team currently holds approximately 718 million TRUMP tokens in its wallet, accounting for 71.8% of the total supply. At current prices, the value of these tokens is approximately US$1.49 billion.
The above content does not constitute any investment advice.
