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Primarily based on the most recent evaluation of Lookonchain, one pockets related to the TRUMP token group despatched a whopping 3.5 million TRUMP tokens on Might 10, 2025. That stash is valued at roughly $52.66 million throughout a number of trade platforms.
When a lot enters exchanges abruptly, it will possibly set off large worth actions and elevated volatility. Merchants point out they’re paying shut consideration to order books to find out if costs will fall. Meme-coin group rigidity is constructing.
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Huge Token Switch Between Exchanges
In accordance with experiences, the three.5 million‑token lower was allotted on 4 key platforms. 1.5 million tokens price roughly $22.41 million got to Binance. 1 million tokens, price round $15.06 million, have been distributed to OKX. Each Bybit and Coinbase obtained 500,000 tokens, roughly price $7.53 million and $7.48 million, respectively.
The pockets linked to the $TRUMP group simply deposited 3.5M $TRUMP($52.66M) into exchanges once more.https://t.co/9nc4YjTvxEhttps://t.co/Y8lStmCWyw pic.twitter.com/alY3TRv1oz
— Lookonchain (@lookonchain) May 10, 2025
Such distribution may facilitate availability for commerce or be a place to begin in promoting. Utilizing the highest exchanges’ selection exhibits the proprietor’s accessibility. Statistics come straight from the general public blockchain.
Market Maker Joins The Fray
Concurrently, market maker Cumberland DRW transferred 300,000 tokens to OKX for roughly $4.4 million. Mixed with earlier deposits, over $24 million price of TRUMP tokens flowed onto exchanges in current days.
Chain observers famous the timing, because the exercise preceded a high-profile political reception on Might 22. Some buyers are involved it’s a signal of a bunch exit technique amongst massive holders.
Others level out that market makers will continuously swap tokens to hedge towards threat and stability order books. Both state of affairs retains eyes mounted on the following large switch.
WLFI Will increase Crypto Holdings
In the meantime, a pockets related to World Liberty Financial bought 1,587 ETH for roughly $3.5 million. It additionally acquired 9.7 wrapped Bitcoin, valued at roughly $1 million.
That spree comes on the heels of one other $19.58 million token deposit that appeared on exchanges on April 29.
A pockets probably linked to #Trump’s World Liberty(@worldlibertyfi) purchased 1,587 $ETH($3.5M) and 9.7 $WBTC($1M) ~half-hour in the past.https://t.co/0qWkRUhm0D pic.twitter.com/KaYsTQrQ6G
— Lookonchain (@lookonchain) May 9, 2025
WLFI is related to a political determine, which provides to the hype surrounding the TRUMP token. Analysts say this motion signifies the group is critical about holding and transferring massive quantities in crypto.
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Value Actions Point out Volatility
Regardless of sell-off fears, TRUMP elevated 2.50% during the last 24 hours and was buying and selling at $14.09 at press time. That’s decrease than a current excessive of $15.15. The token’s market cap is near $2.85 billion and 24‑hour quantity is sort of $2.77 billion.
Giant transactions on the chain resembling these will often provoke fast modifications in worth. Merchants may have their eyes glued on trade books and social media feeds within the subsequent few days.
If one other whale decides to shift tokens, markets will reply straight away. TRUMP token remains to be on the mercy of its largest holders and the timing of their trades for now.
Featured picture from Unsplash, chart from TradingView