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Crypto

TRUMP Team Wallet Moves $11.78M in Tokens to New Address

A TRUMP team distribution address moved $11.78 million worth of TRUMP tokens to a new wallet after 12 days of inactivity, on-chain analyst AI Yi reported. The analyst said the tokens may be deposited into an exchange. Twelve days earlier, the same address sent $8.87 million in TRUMP to wallet 52RDq…rkaD1, which was later deposited into OKX via two addresses.

Original source

AI take

The pattern matters more than the amount: the same distribution address went quiet for twelve days, then resumed with a larger transfer, and the prior batch from this address was ultimately routed to an exchange. That precedent gives the analyst's exchange-deposit thesis some basis, though the destination wallet is new and unconfirmed. For a token whose supply narrative is closely tied to team-controlled wallets, the open question is whether this becomes a recurring distribution cadence and whether the new address follows the same path to OKX.

Generated by AI for reference only.

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