HomeCrypto NewsThe Trump Meme Coin team transfers 52 million US dollars to the...

The Trump Meme Coin team transfers 52 million US dollars to the exchange, while insiders profit 320 million US dollars

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The team behind the Trump Meme Coin moved 3.5 million tokens on the central stock exchanges on May tenth. The transmission was greater than $ 52 million based on data from the on-chain evaluation platform Lookonchain.

Trump Meme Coin Insider transfers Binance, Okx, Bitbit. Source: Lookonchain

Binance received the most important share -1.5 million Trump -token price around 22 million US dollars. Okx followed with 1 million tokens price $ 15 million, and Bybit received 500,000 tokens price around 7.5 million US dollars.

The Trump Meme coin gained popularity due to its branding in reference to the previous US President Donald Trump. However, the most recent token movement raised questions on the insider activity and the financial structure of the project.

The Trump team describes the transmission as liquidity operations

In a public statement, the Trump Token team said that the transfer aimed to enhance market stability. They stated that each one tokens got here from a chosen liquidity letter bag that was created at the beginning of the project.

“The demand for $ Trump was enormous”

The team explained.

“On May 10, 2025 at around 1:30 a.m. UTC, 3.5 million US dollars Trump might be brought within the stock exchanges to further support the liquidity processes to make sure the continued availability of $ Trump for buyers and sellers.”

Trump Meme Coin Liquidity Transfer Annoying. Source: @Gettrumpmemes on xTrump Meme Coin Liquidity Transfer Annoying. Source: @Gettrumpmemes on x

The team added that each one newly unlocked tokens were triggered and can remain inaccessible for 90 days. They emphasized that the liquidity processes were a part of the unique plan.

The declaration didn’t cope with the time or the broader effects on the owners, which continues to have a subject of dialogue available on the market.

Insider wins reach 320 million US dollars, most owners of a loss

According to CNBC, through which data quoted from the Chainalysis, the team deserved greater than 320 million US dollars behind the Trump Meme coin.

Around 760,000 of over 2 million item pockets that hold the Trump token are currently at a loss. This implies that greater than a 3rd of the owner bought the token at the next price than its current value.

Only 58 items of things each achieved over 10 million US dollars, which gained a profit of 1.1 billion dollars. These numbers indicate that a big proportion of the token value went to a small group of Trump insiders.

This data has aware of how the token was distributed and the way the results on regular investors affect.

The Trump Münz Prize has dropped by 86% for the reason that start

The Trump Münz Prize reached a highlight of 77 US dollars on the primary trading day. It has fallen heavily since then. From May 10, the Trump token will act around 14 US dollars, by 86% in comparison with the high value.

Despite the team's claim, the decline occurred to the continuing demand. The market behavior is in contrast to the objects of accelerating availability through liquidity processes.

The decline within the Trump Münz Prize places additional concentrate on the transfer of 52 million US dollars and the time of the insider wins.

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