$TRUMP
TRUMP TEAM SENDS 8.4M TRUMP TO OKX AFTER UNLOCKING.
The wallets of the TRUMP memecoin team transferred 8.4 million tokens—around $18 million—to OKX over the past four days. It started on September 18, coinciding with the release of 28.7 million tokens from its issuance scheme.
Key details of the on-chain move:
🔹 September 18: the distribution wallet split the funds and sent 3.25 million TRUMP to the exchange.
🔹 September 20: they moved an additional 2.75 million to OKX deposit addresses.
🔹 September 21: they completed the sending of another 2.4 million via two intermediary wallets, leaving only 1.6 million untransferred.
The execution took advantage of liquidity generated as Bitcoin approached $85,000. Selling volume in a bullish environment allows the market to absorb supply without immediately crashing the order book.
The token is trading near $2.13, 97% below its all-time high of $73.43.
With 34 scheduled unlock events through December 2027 to distribute 80% of the locked supply, structural sell pressure on the memecoin will remain active in the upcoming stages of the project.
#TRUMP #crypto #TrendingTopic #TradingCommunity #news
TRADE HERE 👇
TRUMP TEAM SENDS 8.4M TRUMP TO OKX AFTER UNLOCKING.
The wallets of the TRUMP memecoin team transferred 8.4 million tokens—around $18 million—to OKX over the past four days. It started on September 18, coinciding with the release of 28.7 million tokens from its issuance scheme.
Key details of the on-chain move:
🔹 September 18: the distribution wallet split the funds and sent 3.25 million TRUMP to the exchange.
🔹 September 20: they moved an additional 2.75 million to OKX deposit addresses.
🔹 September 21: they completed the sending of another 2.4 million via two intermediary wallets, leaving only 1.6 million untransferred.
The execution took advantage of liquidity generated as Bitcoin approached $85,000. Selling volume in a bullish environment allows the market to absorb supply without immediately crashing the order book.
The token is trading near $2.13, 97% below its all-time high of $73.43.
With 34 scheduled unlock events through December 2027 to distribute 80% of the locked supply, structural sell pressure on the memecoin will remain active in the upcoming stages of the project.
#TRUMP #crypto #TrendingTopic #TradingCommunity #news
TRADE HERE 👇
