Skip to main content
Grafa
Cryptocurrency
Trump-linked wallet sells $2.9M in TRUMP tokens
Image for illustrative purposes only. Not a real photo.

Trump-linked wallet sells $2.9M in TRUMP tokens

Share
  • A wallet linked to the Trump team sold 1.1 million TRUMP tokens for $2.94 million USDC.
  • The sale followed a transfer of 3.837 million TRUMP tokens worth about $9.33 million to OKX.
  • The wallet’s ownership has not been officially confirmed.

A wallet associated with the Trump team sold 1.1 million TRUMP (CRYPTO:TRUMP) tokens for $2.94 million USDC, according to EmberCN.

The sale took place one day after the same wallet transferred 3.837 million TRUMP tokens to OKX.

The transferred tokens were worth about $9.33 million at the time, bringing the two-day movements above $12 million.

EmberCN tracked the transactions using on-chain data from the wallet, which has previously been linked to the Trump team.

The wallet’s exact owner has not been officially confirmed, so the Trump team connection remains an attribution reported by other outlets.

The sale converted part of the TRUMP holdings into USDC, a stablecoin, but its purpose remains unclear.

The movements may affect short-term market sentiment, but the transactions alone do not establish where the TRUMP token price will move next.

Frequently asked questions