TRUMP team moved 81.87M tokens to exchanges, cashing out $249M in 8 months

The steady drip of team tokens onto centralized exchanges is the structural overhang here: even after eight months of distributions, the team retains roughly 71.8% of supply, meaning exchange inflows are likely to remain a recurring feature rather than a one-off. That concentration matters for anyone tracking TRUMP's liquidity and price discovery, since CEX deposits are the visible path from locked allocation to tradable float. The open question is whether the pace of these transfers accelerates as further unlocks approach, and whether exchange order books absorb the supply without persistent pressure.