Whale Accumulation of TRUMP Tokens Surges with 1 Million Withdrawn
The OFFICIAL TRUMP token has experienced a 23% decline over the past week, yet there is notable whale accumulation with over 1 million TRUMP coins withdrawn from Binance recently.
Key Points
- Current TRUMP price is down 5.31%
- Whale activity includes a withdrawal of 1 million TRUMP tokens worth $10.84 million
- New wallet created shortly before the withdrawal was detected
- 80% of TRUMP token supply is controlled by the Trump Organization and affiliates
- Insiders earned approximately $325 million in trading fees
Donald Trump faces criticism regarding his ties to digital assets, particularly from Massachusetts Senator Elizabeth Warren, who has raised concerns about potential conflicts of interest. In response, Trump has emphasized the importance of cryptocurrency and refuted claims of personal profit from the TRUMP coin.