š¦ TrumpāLinked Wallet Sends $32.8M in TRUMP Tokens to Binance
š§ The Big Picture
Ongoing pattern: Four ālarge whaleā transfers (~$150M total) into exchanges since late April.
Market effect: These inflows tend to amplify volatility and heighten investor concern.
Timing intrigue: The June 21 transferās proximity to global events invites additional speculation.
Crypto strategy: Trumpās team appears to be rounding out operationsāfrom token creation to wallet, exchange, and stablecoin rollout.
š§ In sum:
Todayās $32.8āÆmillion TRUMP deposit to Binance marks the fourth major outflow of Trumpāaffiliated tokens to exchanges, totaling over $150 million since April. While no direct sale has occurred, market watchers remain cautiousāsuch transfers frequently trigger price corrections. The move comes amid broader Trump crypto expansion via World Liberty Financial and a planned wallet launch.