TRUMP Team Allegedly Sells Over $16 Million in TRUMP Tokens

On March 29, it was reported that the TRUMP team is suspected of selling TRUMP tokens valued at over $16 million. According to BlockBeats On-chain Detection, a Bitgo custody address transferred 5.48 million TRUMP tokens to a centralized exchange (CEX) within the past two hours. The source of these funds traces back to the TRUMP Team Allocation address, which deposited a total of 18.14 million tokens two months ago, valued at $81.64 million at that time.