TRUMP Token Sees $52.66M Transfer Across Exchanges, Price Rises 2.50%

On May 10, 2025, a wallet associated with the TRUMP token group transferred a significant amount of 3.5 million TRUMP tokens, valued at approximately $52.66 million, across multiple exchange platforms. This substantial transfer has sparked attention and speculation within the meme-coin community, as such large movements can trigger significant price fluctuations and increased volatility.

The 3.5 million tokens were distributed across four key platforms: Binance received 1.5 million tokens worth around $22.41 million, OKX got 1 million tokens valued at approximately $15.06 million, and both Bybit and Coinbase received 500,000 tokens each, worth about $7.53 million and $7.48 million, respectively. This distribution suggests that the tokens are being made available for trading or potentially sold, as the choice of top exchanges indicates the owner's accessibility and intent to engage in the market.

Simultaneously, market maker Cumberland DRW transferred 300,000 tokens to OKX, valued at around $4.4 million. This transfer, combined with previous deposits, resulted in over $24 million worth of TRUMP tokens flowing onto exchanges in recent days. The timing of these transfers is notable, as they precede a high-profile political reception on May 22. Some investors are concerned that this activity may signal a group exit strategy among large holders, while others point out that market makers frequently swap tokens to hedge against risk and balance order books.

Meanwhile, a wallet associated with World Liberty Financial purchased 1,587 ETH for approximately $3.5 million and acquired 9.7 wrapped Bitcoin, valued at around $1 million. This purchase follows another $19.58 million token deposit that appeared on exchanges on April 29. World Liberty Financial's association with a political figure adds to the hype surrounding the TRUMP token, indicating that the group is serious about holding and transferring large amounts in crypto.

Despite fears of a sell-off, the TRUMP token increased by 2.50% over the last 24 hours and was trading at $14.09 at press time. This is lower than a recent high of $15.15. The token's market cap is close to $2.85 billion, and the 24-hour volume is almost $2.77 billion. Large transactions on the chain, such as these, typically initiate quick changes in price. Traders will be closely monitoring exchange books and social media feeds in the coming days. If another whale decides to shift tokens, markets will respond instantly, as the TRUMP token remains at the mercy of its largest holders and the timing of their trades.