Recent on-chain data indicates a significant movement of TRUMP tokens, potentially signaling a shift in the holding strategy of a major stakeholder. Massive TRUMP Token Deposit into Exchanges According to AmberCN, an address linked to the Trump team deposited 1.346 million TRUMP tokens, valued at $19.53 million, into centralized exchanges (CEXs) roughly 9 hours ago. The distribution was as follows: Binance received 700,000 TRUMP ($10.21 million), OKX saw 350,000 TRUMP ($5.08 million), and Bybit received 296,000 TRUMP ($4.32 million). Implications of Exchange Deposits Typically, deposits to exchanges are viewed as a precursor to selling activity, while withdrawals suggest an intention to hold. However, it's crucial to remember that depositing tokens doesn't guarantee an immediate or complete sell-off. The Trump team might be preparing for strategic trading, providing liquidity, or other market maneuvers. Monitoring the token's price action and further on-chain activity will be essential to determine the ultimate impact of this substantial deposit. ```