The creators of the TRUMP meme coin moved tokens worth over $52 million to centralized exchanges, raising discussions about the project's motives and its transparency.

The token, thematically linked to former U.S. President Donald Trump, has attracted significant attention since its launch but is now facing criticism due to internal activity and market impact.

The Trump team describes the transfer of tokens worth $52 million as "liquidity operations".

On May 10, the on-chain analytics platform Lookonchain reported that the team behind TRUMP deposited 3.5 million tokens, valued at over $52 million, on three major exchanges — Binance, OKX, and Bybit.

According to the company, Binance received the largest share — 1.5 million tokens valued at $22 million. OKX received 1 million tokens worth $15 million, while Bybit received just over 500,000 tokens valued at $7.5 million. However, the TRUMP team stated that the transfer aimed to strengthen liquidity and maintain stable market access.

They explained that the tokens came from a pre-defined liquidity wallet created during the project's launch. The team also assured users that all recently unlocked tokens were re-locked and will remain so for 90 days.

"The demand for $TRUMP was enormous. On May 10, 2025, around 1:30 UTC, approximately $3.5 million in $TRUMP will be moved to exchanges to further support liquidity operations, ensuring constant availability of $TRUMP for both buyers and sellers. All this liquidity is provided from the liquidity wallet created at the initial launch," stated the team.

The team claims that the token transfer is part of routine liquidity management, but recent data suggests otherwise.

A CNBC report, citing Chainalysis, found that the team behind TRUMP earned over $320 million in trading fees.

Moreover, there is a significant gap between investor results. Of the more than two million wallets holding TRUMP, approximately 760,000 are currently experiencing losses.

In stark contrast, only 58 wallets earned more than $10 million each, collectively earning about $1.1 billion in profit.

This sharp imbalance suggests that a small group of insiders may have captured most of the value created by the token.

Essentially, the close connection of the project to Trump, combined with uneven profits and insider earnings, continues to raise doubts about its fairness and long-term viability.

According to BeInCrypto, the token rose to $77 on its first trading day. However, it has since fallen by 86%, trading around $14 at the time of writing.#BinanceSquare #Write2Earn #crypto #Binance #TRUMP $TRUMP