3.5 Million TRUMP Tokens Suddenly Shift—Team Trump’s Crypto Gambit Goes Live

Political meme coins aren’t just for hype anymore—Team Trump just moved a staggering 3.5 million TRUMP tokens in what looks like a strategic play. Is this a loyalty reward scheme, a liquidity grab, or just another day in the wild west of politicized crypto?

Behind the scenes: The transaction timing raises eyebrows, coming just as speculation heats up about Trump’s 2024 campaign finances. Nothing says ’modern fundraising’ like leveraging a token that mooned purely on cult-of-personality vibes.

Cynical take: Because nothing bonds a political base like shared bags—and the inevitable dump when the headlines fade.

Massive Token Transfer Between Exchanges

According to reports, the 3.5 million‑token decrease was allocated on four key platforms. 1.5 million tokens worth approximately $22.41 million were given to Binance. 1 million tokens, worth around $15.06 million, were distributed to OKX. Both Bybit and Coinbase received 500,000 tokens, approximately worth $7.53 million and $7.48 million, respectively.

The wallet linked to the $TRUMP team just deposited 3.5M $TRUMP($52.66M) into exchanges again.https://t.co/9nc4YjTvxEhttps://t.co/Y8lStmCWyw pic.twitter.com/alY3TRv1oz

— Lookonchain (@lookonchain) May 10, 2025

Such distribution might facilitate availability for trade or be a starting point in selling. Using the top exchanges’ choice shows the owner’s accessibility. Statistics come directly from the public blockchain.

Market Maker Joins The Fray

Simultaneously, market Maker Cumberland DRW transferred 300,000 tokens to OKX for approximately $4.4 million. Combined with previous deposits, over $24 million worth of TRUMP tokens flowed onto exchanges in recent days.

Chain observers noted the timing, as the activity preceded a high-profile political reception on May 22. Some investors are concerned it is a sign of a group exit strategy among large holders.

Others point out that market makers will frequently swap tokens to hedge against risk and balance order books. Either situation keeps eyes fixed on the next giant transfer.

Meanwhile, a wallet associated with World Liberty Financial purchased 1,587 ETH for approximately $3.5 million. It also acquired 9.7 wrapped Bitcoin, valued at approximately $1 million.

That spree comes on the heels of another $19.58 million token deposit that appeared on exchanges on April 29.

A wallet likely linked to #Trump’s World Liberty(@worldlibertyfi) bought 1,587 $ETH($3.5M) and 9.7 $WBTC($1M) ~30 minutes ago.https://t.co/0qWkRUhm0D pic.twitter.com/KaYsTQrQ6G

— Lookonchain (@lookonchain) May 9, 2025

WLFI is associated with a political figure, which adds to the HYPE surrounding the TRUMP token. Analysts say this action indicates the group is serious about holding and transferring large amounts in crypto.

Despite sell-off fears, TRUMP increased 2.50% over the last 24 hours and was trading at $14.09 at press time. That’s lower than a recent high of $15.15. The token’s market cap is close to $2.85 billion and 24‑hour volume is almost $2.77 billion.

Large transactions on the chain such as these will usually initiate quick changes in price. Traders will have their eyes glued on exchange books and social media feeds in the next few days.

If another whale decides to shift tokens, markets will respond in an instant. TRUMP token is still at the mercy of its largest holders and the timing of their trades for now.

Featured image from Unsplash, chart from TradingView