Major TRUMP Token Transfer
$16.91M in TRUMP tokens moved to Fireblocks, but there is no evidence of a planned sale.
The Official TRUMP team transferred 10.84 million TRUMP tokens, worth approximately $16.91 million, to three Fireblocks custody wallets.
The transaction sparked speculation about a potential sale or token distribution. However, the transfer alone does not confirm any such plans. The funds were not sent to an exchange, and moving them into custody could serve several purposes, including secure storage, liquidity management, institutional settlement, or future distribution.
This is another major transaction involving the project. Over the past five months, associated wallets have transferred around 48.25 million TRUMP tokens in three separate batches. At the time of the transactions, their combined value exceeded $172 million. Several earlier transfers also involved institutional custody providers before the assets were subsequently moved through BitGo.
Investors are closely monitoring TRUMP’s supply and upcoming token unlocks. The maximum supply is one billion tokens, with approximately 237 million currently in circulation. A significant share of the remaining tokens is controlled by individuals linked to the project, which is why large transfers quickly attract attention. However, sending assets to a custody wallet does not automatically increase the circulating supply or create selling pressure.
The TRUMP token has lost nearly 98% of its value since reaching its all-time high in January 2025.
