TRUMP Team-Linked Wallet Deposits 3.5M $TRUMP ($52.66M) to Exchanges: Potential Impacts on Liquidity and Price Action
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On May 10, 2025, blockchain analytics platform Lookonchain reported that a wallet linked to the TRUMP token team deposited 3.5 million $TRUMP tokens, valued at $52.66 million, into centralized cryptocurrency exchanges.
This substantial inflow significantly boosts $TRUMP token liquidity, making tokens more readily available for trading. However, such large-scale deposits from team-affiliated wallets often signal potential sell-offs, which could result in increased market volatility and downward price pressure in the short term.
Traders are advised to closely monitor:
Exchange order books for shifts in buy/sell walls.
Wallet activity and token outflows from associated addresses.
Market sentiment and volume spikes, which could indicate a directional move.
While this move may reflect an effort to enhance trading flexibility and broaden market reach, it also introduces uncertainty regarding token distribution strategy and price stability.
